Publicação
The role of currency denomination in the African green bond market- exaimining yeld differentials and implications for financial advising with insights from the DZ bank and DBSA
| datacite.subject.fos | Ciências Sociais::Economia e Gestão | |
| dc.contributor.advisor | Gianinazzi, Virginia | |
| dc.contributor.author | Meyerhoff, Rebecca Bianca | |
| dc.date.accessioned | 2026-03-16T11:26:23Z | |
| dc.date.available | 2026-03-16T11:26:23Z | |
| dc.date.issued | 2025-01-14 | |
| dc.date.submitted | 2025-01-14 | |
| dc.description.abstract | This thesis examines the role of currency denomination in African Green Bonds, focusing on yield differentials and the presence of Greenium. Empirical analysis reveals no significant evidence of Greenium but confirms a robust currency premium, with Hard Currency Bonds yielding lower rates than Local Currency Bonds. Insights from interviews with DZ Bank and DBSA highlight the importance of addressing default risk, illiquidity, and strategic trade-offs between currencies. While Green Bonds show limited potential to mitigate currency premiums, the findings underscore the need for tailored advisory strategies. DZ Bank is positioned to support sustainable finance growth through active engagement in Africa. | eng |
| dc.identifier.tid | 204132290 | |
| dc.identifier.uri | http://hdl.handle.net/10362/201442 | |
| dc.language.iso | eng | |
| dc.relation | UID/ECO/00124/2013 | |
| dc.rights.uri | http://creativecommons.org/licenses/by/4.0/ | |
| dc.subject | Green bonds | |
| dc.subject | ESG | |
| dc.subject | African bond market | |
| dc.subject | Currency denomination | |
| dc.subject | Sustainable finance | |
| dc.subject | Financial advising | |
| dc.subject | Local currency | |
| dc.subject | Hard currency | |
| dc.subject | Greenium | |
| dc.subject | Currency risk | |
| dc.subject | Emerging markets | |
| dc.subject | Africa | |
| dc.subject | Quantile regression | |
| dc.subject | OLS regression | |
| dc.subject | DZ bank | |
| dc.subject | Sustainability bond | |
| dc.subject | Sustainability-linked bonds | |
| dc.title | The role of currency denomination in the African green bond market- exaimining yeld differentials and implications for financial advising with insights from the DZ bank and DBSA | eng |
| dc.type | master thesis | |
| dspace.entity.type | Publication | |
| thesis.degree.name | A Work Project, presented as part of the requirements for the Award of a Master’s degree in International Finance from the Nova School of Business and Economics |