WB has raised over $1 billion with Green Bonds

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!