[Blog] MünchenerHyp cracks first thematic covered bond! EUR300m ($389m) Aaa 5yr, for coop housing. 1.6x oversubscribed. It’s the prototype for a Green Pfandbrief – at last!

Jay OwenGreen Prosperity, Reforming Global Finance

  MünchenerHyp cracks first thematic covered bond! EUR300m ($389m) Aaa 5yr, for coop housing. 1.6x oversubscribed. It’s the prototype for a Green Pfandbrief – at last! Münchener Hypothekenbank eG has just issued an “ESG-labelled” covered bond (or Pfandbriefe, as covered bonds are called in Germany) for refinancing of housing cooperatives. Oekom …

Cutting Edge Capital is Open for Investment!

Jay OwenCommunity Development Solutions, Crowdfunding

  June 2014 IN THIS ISSUE CEC News Blog Roll Client News Upcoming Events CEC News Cutting Edge Capital is Open for Investment!             We are pleased to announce that our DPO is now LIVE on our website! On June 11th, we officially launched our …

[Blog] China’s CGN Wind issues RMB1bn ($161m) 5yr green bond with carbon-linked coupon

Jay OwenGreen Prosperity

  China’s CGN Wind issues RMB1bn ($161m) 5yr green bond with carbon-linked coupon Posted: Jun 15, 2014 by Sean Kidney China’s CGN Wind (link is external) has issued a one billion yuan (link is external), five year bond to finance wind energy developments in Inner Mongolia, Guangdong, Xinjiang and Gansu. …

[Climate Bonds] AAA away! EIB does a EUR350m ($480m) tap of its big 5yr climate awareness bond / World Bank does 4yr BRL465.5 + TLY335.5 (total $369m) green bonds for Japanese uridashi investors

Jay OwenGreen Prosperity

Climate Bonds has posted a new item, ‘AAA away! EIB does a EUR350m ($480m) tap of its big 5yr climate awareness bond / World Bank does 4yr BRL465.5 + TLY335.5 (total $369m) green bonds for Japanese uridashi investors‘ The AAA-rated European Investment Bank (EIB) has placed a 6th tap of its 5 …

Funding the US government and avoiding the fiscal cliff

Jay OwenCommunity Development Solutions, Advisors' Forum

By Dr Shann Turnbull, Co-founding Member of the Sustainable Money Working Group, Ethical Markets Advisory Board Member, October 2013 The US government could fund both its operations and avoid the fiscal cliff by introducing a self-liquidating and self-financing negative interest rate complementary currency. The US Treasury could issue say one trillion …

Public Banks Are Key to Capitalism

Jay OwenReforming Global Finance, Community Development Solutions

“Kudos to Ethical Markets Advisory Board Ellen Brown for this wide reaching piece in the New York Times.”  EMM Editor To ask whether public banks would interfere with free markets assumes that we have free markets, which we don’t. Banking is heavily subsidized and is monopolized by Wall Street, which …

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks

Jay OwenReforming Global Finance, SRI/ESG News

The Detroit Bail-In Template: Fleecing Pensioners to Save the Banks Posted on August 5, 2013 by Ellen Brown The Detroit bankruptcy is looking suspiciously like the bail-in template originated by the G20’s Financial Stability Board in 2011, which exploded on the scene in Cyprus in 2013 and is now becoming the model globally. In Cyprus, …

Sen. Warren’s big move taking on Big Banks

Jay OwenReforming Global Finance

In less than two months, government student loan interest rates are set to double, and most politicians are turning a blind eye—except for Senator Elizabeth Warren.  Young people saddled with student loan debt have been hit hard enough by the recession. They’re struggling to find jobs and pay the rent—let alone stow …

The City and the Common Good: Good Money – 7th May at St Paul’s Cathedral

Jay OwenReforming Global Finance

Dear Friends, Thank you to all those who joined us for the first debate in our series, held in conjunction with CCLA, entitled ‘The City and the Common Good: What kind of City do we want?’. The event was attended by around 750 people, and the attached seminar a week …