Indicate whether you encourage transparency and disclosure relating to the issuance of themed bonds as per the Green Bonds Principles, Social Bond Principles, or Sustainability Bond Guidelines..
Describe the actions you take when issuers do not disburse bond proceeds as described in the offering documents.
The actively managed FI securities that we held are redeemable at first demand. If the issuers were to not comply with the bond proceed clause, we could redeem the bonds. Therefore the issuer has every reason to comply with the intented allocation of the bond.
Additional information. [Optional]