All Sub-sovereign debt articles

  • IN_Podcast_built in_The US opioid crisis municipal funding

    The US opioid crisis and municipal funding


    This podcast explores how the US opioid crisis plays out at the local level, with repercussions not just on lives lost and healthcare costs, but also US municipal bonds and the cost of local authorities’ funding.

  • IN_Podcast_built in_Integrating_ESG_factors_in_US_municipal bonds

    Integrating ESG factors in US municipal bonds


    The PRI’s Jasper Cox discusses how environmental, social and governance issues affect the credit risk of US municipal bonds with PIMCO’s Emily Robare and Breckinridge Capital Advisors’ Andrew Teras.

  • US municipal bonds - addressing the data differences for ESG integration

    US municipal bonds: addressing the data differences for ESG integration


    Does the ESG data used by investors to assess US municipal and corporate bonds differ, and is there enough self-reported issuer data available? Which ESG risk area has the biggest data limitations, and what role could bondholder engagement play in enhancing data disclosure? Featuring a muni bond issuer, an investor ...

  • Epidemic of opioid abuse in the US_Hero
    Blog post

    Opioid abuse affects municipal access to capital


    By Kimberly Cornaggia, Pennsylvania State University - Department of Finance; John Hund, University of Georgia; Giang Nguyen, Pennsylvania State University - Smeal College of Business and Zihan Ye, University of Nevada, Las Vegas

  • Broadening-outreach-Investment consultants-block-01
    Thought leadership

    Broadening the outreach to investment consultants


    Investment consultants are critical stakeholders in the investment chain, advising institutional asset owners on a range of issues, including the selection, appointment and monitoring of external managers. They can play a key role in supporting asset owners to develop responsible investment practices, and to assess their investment managers’ ESG incorporation ...

  • ESG integration in the US municipal bond market

    ESG Integration in the US Municipal Bond Market


    This webinar will present the main findings from ESG Integration in Sub-Sovereign Debt: The US Municipal Bond Market, the first in a series of reports examining this unique and diverse market segment.

  • US municipal bonds
    Blog post

    US municipal bonds: ESG investors play catch up


    By Carmen Nuzzo, Head of Fixed Income, PRI, and Jasper Cox, Investment Practices Analyst, Fixed Income, PRI

  • Sub-sovereign hero
    Discussion paper

    ESG Integration in Sub-Sovereign Debt: The US Municipal Bond Market


    Momentum is building for investors in US municipal bonds to incorporate environmental, social and governance factors systematically in their analysis and valuations, however they face multiple challenges.