News Flash: first green bond in 2014 issued... EIB Climate Awareness Bond for CHF350m ($386), 11 yrs. And we're off!!

We’re 10 days into the New Year and the first green bond is already out – the European Investment Bank has just announced the release of its latest Climate Awareness bond, a CHF350 bond (USD386bn). Lead managers were Barclays, Credit Suisse, Deutsche Bank and the coupon is 1.625%.

 

After the flurry of bonds issued towards the end of 2013, we anticipate that 2014 will be an even bigger year for green bonds. So far it’s off to a good start.

The EIB has been issuing Climate Awareness Bonds since 2007 to raise funds to support EIB lending for renewable energy and energy efficiency