A day after launching a 600m Swedish Kroner Green Bond, the World Bank has launched another 10 new Green Bonds denominated in different currencies.
The 10 bonds are primarily for the new, open-ended, Nikko World Bank Green Bond fund, previously reported.
There are now quite a few banks getting used to Green Bonds: veteran SEB was sole lead manager for the Swedish Kroner issue and for two of the 10 bonds for the Nikko fund; JP Morgan has four of the 10; RBC Capital Markets has the NZD; and TD Securities is sole lead manager on three.
This latest issue takes the amount of outstanding of World Bank Green Bonds to $1.1bn.
Expect to see a lot more in 2010!
