First Green Bond Issuance in 2021: EU's Canfin

The transcript discusses the European Commission's plan to issue bonds, focusing on green bonds as part of a recovery package. It covers the expected market absorption, timeline for issuance, and potential bond structures. The role of the European Central Bank (ECB) in supporting climate change initiatives and its potential impact on the bond market is also explored.

What is the total amount the European Commission plans to issue in bonds?

• €400 billion

• €100 billion

• €200 billion

• €300 billion

What is the main concern regarding the market absorption of the bonds?

• Lack of investor interest

• Market instability

• High interest rates

• Sufficient market absorption over time

When is the first issuance of bonds expected to occur?

• End of next year

• Middle of next year

• Beginning of next year

• End of this year

What is the expected maturity period for the green bonds?

• Long-term

• 10 years

• 5 years

• Short-term

What is the role of the European Central Bank in the bond market?

• Setting interest rates for bonds

• Issuing new bonds

• Implementing a carbon filter for assets

• Primary buyer of bonds

What is the main focus of the ECB regarding climate change?

• Issuing green bonds

• Implementing a carbon filter

• Reducing interest rates

• Increasing bond issuance

What is the expected timeline for the ECB's new doctrine on climate change?

• Fourth quarter of next year

• Third quarter of next year

• Second quarter of next year

• First quarter of next year