What does this policy shift mean for the debt crisis in Europe and the creditworthiness of sovereignborrowers?
2
Conjecture continued as to whether the European Central Bank was preparing to cap the borrowing costs of troubled sovereignborrowers.
3
And ratings agency Moody's said the creditworthiness of CEE sovereignborrowers would likely remain steady in 2013 despite the region's vulnerabilities.
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Italy is one of the world's biggest sovereignborrowers and has narrowly avoided being sucked into the euro zone debt crisis.
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Investors have proved fairly willing throughout the euro zone crisis to take the more limited risk of short-term lending to troubled sovereignborrowers.
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For global bond markets may come under greater pressure later this year when large sovereignborrowers raise huge sums to meet their budgetary needs.
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With the dam now burst, more sovereignborrowers are likely to emerge, with Egypt the next in line with a deal expected next week.
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Green bonds have been around for a decade but sovereignborrowers had been absent from the market, which was traditionally dominated by international development banks.