Some news are important but not big enough as to require a press release. Keep abreast of everything that’s going on at LuxSE in this news section.
The euro-denominated bond was issued via BOC’s Luxembourg branch is the first Belt and Road-themed bond by Bank of China (BOC) listed on the Luxembourg Stock Exchange. The total amount issued by BOC under the Belt and Road theme now amounts to the equivalent of over USD 10 billion.
“Our fruitful relationship with Bank of China leads us to continuously support BOC in its innovative financing transactions. As a result, it allows us to bridge issuers from China with international investors”, comments Robert Scharfe, CEO of the Luxembourg Stock Exchange.
For the second year in a row, we have been named Exchange of the Year by Environmental Finance.
The jury of investors recognised our efforts to support and nurture the sustainable growth of the green bond market through "innovative thinking, speed of delivery, quality assurances and transparency".
“It is a real honour to see investors appreciate our efforts to enhance transparency and build trust in the green bond market,” said Robert Scharfe, CEO of the Luxembourg Stock Exchange.
We have launched the She@LuxSE initiative to help achieve gender equality in the financial sector. At LuxSE, we have sustainability at the core of our business.
So, we have moved a step further and created a platform for our employees to exchange views on how men and women can work and grow together, support each other and take better decisions. We believe that equality cannot remain work in progress, it must become work for progress.
EBRD’s inaugural health bond is now listed on the BdL market and displayed on LGX. The PLN 317 million social bond matures in 2028 and its proceeds will finance health projects.
This bond is part of EBRD’s plan to diversify its financial instruments and it has been bought by Dai-ichi Life Insurance as sole investor.
Agricultural Development Bank of China (ADBC) rings bell to mark the first time Chinese domestic green bond information is available on an international exchangeRead more
LuxSE joins the Ring the Bell for Gender Equality initiative organised jointly by UN Women, Sustainable Stock Exchanges Initiative, IFC, Women in ETFs, and World Federation of Exchanges.
During the bell-ringing ceremony, Julie Becker, member of the Excecutive Committee of LuxSE, said: “Equality in the workplace, and in life in general, is not a nice-to-have; it is a fundamental right. Gender equality is not about introducing quota, but about creating an environment of openness, inclusivity and equal opportunities.”
As we are expecting the European Commission’s Action Plan, we analyse the HLEG final report recommendations and explore what they may mean for the Luxembourg financial sector.
LEO magazine interviews CEO Robert Scharfe on how we have deepened our relations with China, the largest green bond issuer globally.
Read on page 28 of the December issue of LEO.
LuxSE praised for contributing to the financial centre in Luxembourg.
We received the Outstanding Contribution to the Financial Center of Luxembourg 2017 Award, during a ceremony organised by InFinance on 30 November. Awarded by an expert jury, the prize recognises our innovation efforts and the Luxembourg Green Exchange’s success in encouraging and boosting green, social and sustainable finance internationally.
The Danish company issued its first green bond last week. The EUR 500 million bond is due in 3017 and is listed on LGX.
Orsted will use proceeds to (re)finance offshore wind farms, sustainable bioenergy, energy storage and smart grid projects, as it moves away from gas and oil extraction.
According to the Financial Times, green bond issuers are poised to charge a premium. CEO Robert Scharfe gives his reasons why.
After three social bonds launched this year, the NWB Bank has launched a USD 500 million water bond (green bond) on 15 November. The bond is displayed on LGX. Its proceeds will be used by the Dutch Water Authorities to fund Green Bond Eligible Projects that target climate mitigation, climate adaptation and biodiversity.
The water bond was issued under the EUR 60 billion Debt Issuance Program.
The bond, worth EUR 750 million, is displayed on LGX. BNG Bank's Sustainable Municipalities Bond Framework promotes investments in best-in-class sustainable municipalities in the Netherlands. The bond’s framework is in line with ICMA’s Sustainability Bond Guidelines.
Wind Tre has listed its EUR 7.3bn-equivalent high-yield bond in Luxembourg. The Italian telecoms company chose the Euro MTF market to list its latest issuance.
The EUR 5.6bn tranche is the biggest high-yield deal in the currency to date.
The climate bond marks the first issuance dedicated to green projects following the “Belt and Road Initiative” (BRI) ever. It will support projects in China’s domestic provinces and in foreign countries key to the BRI initiative.Read more
Esselunga’s 1st ever bond lists in Luxembourg. This leading Italian food retailer has been on the market for 60 years already. Total issuance of EUR 1 billion, listed on our regulated market, was a huge success – it was nine times oversubscribed. More info
This means over 2 million tons of greenhouse gas emission reductions per year, which is the equivalent of removing 400,000 passenger vehicles annually.
KfW has a financing programme - “Renewable Energies—Standard” - aiming to promote the development of electricity and heat from renewable resources.
The Luxembourg Stock Exchange (LuxSE) and the Interdisciplinary Centre for Security, Reliability and Trust (SnT) of the University of Luxembourg begin collaboration on Fintech.Read more
Stock exchanges play a crucial role as an intermediary between investors and issuers, but their role in the sustainable finance market is so much wider than that.Read more
New unregulated fund structure will enable asset managers to list funds much faster than previously possible.Read more
The European Investment Bank (EIB), the world’s largest multilateral public bank and largest issuer of green bonds, today celebrated the 10thanniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange, where the first ”green bond” was launched in 2007.
Climate Bonds Initiative’s first study on post-issuance reporting of green bonds is out now. We have been invited to participate in this important project and share our observations on the trends in post-issuance reporting by green bond issuers.Read more
The Luxembourg Stock Exchange (LuxSE) tightens its partnership with the Shanghai Stock Exchange (SSE). The exchanges signed an agreement to launch a green bond index that synchronously displays quotes in China and Europe.
Call to action regarding the new framework, echoed in the MiFID II/MiFIR and MAR directives/regulations and which will impact issuers operating on LuxSE markets.
Did you know that over the last three years 28% of NWB Bank’s green bond proceeds have been invested in flood protection? The latest SEK 1.25bn bond is the 6th green bond of the Dutch bank displayed on LGX.
“Since the launch of LGX, there’s been a push, from both investors and issuers side, to expand the green bond market from simply a climate remit, to other aspects of socially responsible investment”, explains Robert Scharfe, CEO of LuxSE. (18 May 2017)
Burger King has listed its latest high-yield bond in Luxembourg. The US fast food chain chose the Euro MTF market to list their latest issuance.
Proceeds from the new notes have been used for repurchasing notes of Quick, another fast food chain, recently acquired by Burger King France.(16 May 2017)
FIRST is our brand new multi-functional reporting tool. It’s short for Financial Instrument Reporting Services Tool - our answer to all ongoing issuer obligations in terms of OAM, filing documents to the financial regulatory and disseminating information to the public. Check out all its. Check out all its features here.
(15 May 2017)
BNDES, Brazil's National Bank for Economic and Social Development, issues its inaugural USD 1 billion green bond and lists it in Luxembourg. The proceeds will be used for the development, construction, or expansion of facilities for new and existing solar and wind projects. BNDES is the third green issuer from Brazil on Luxembourg Green Exchange. Welcome! (10 May 2017)
1000 international delegates from the International Capital Market Association met in Luxembourg in the first week of May to discuss the outlook for the industry at a time of rapid change in global financial markets.
(5 May 2017)
Jane Wilkinson is our newly appointed Head of Sustainable Finance. She brings a passion for sustainability and in-depth expertise in the financial sector. At LuxSE she will focus on ensuring that both the exchange’s clients and the company itself remain at the cutting edge of sustainable finance.
(24 April 2017)
The International Institute of Green Finance (IIGF), part of the Central University of Finance and Economics (CUFE) in Beijing, has partnered with the Shenzhen Stock Exchange (SZSE) and the Luxembourg Stock Exchange (LuxSE) to launch the CUFE-CNI Green Bond Index Series, the first Chinese Green Bond index to provide synchronous quotes between China and Europe.
(20 March 2017)
China Construction Bank Europe (CCB Europe) listed its EUR 3 billion Medium Term Note programme on the Euro MTF market. The proceeds will be used for general corporate purposes of the bank. It is the first time CCB Europe lists a programme in Luxembourg.
(1 January 2017)