IFC issues RMB500m ($47m) green bond for climate investments. FT calls it "another step forward in internationalising China's currency"

The bond will be used to support climate-friendly investments in emerging markets.

It's the first green bond issued by a multilateral institution in the offshore Chinese markets. The bond, which yields 2%, saw demand from investors in Asia and Europe. HSBC is the sole lead manager for the bond. 

http://ifcext.ifc.org/ifcext/pressroom/IFCPressRoom.nsf/0/FC77F4FC845140...

http://www.ftadviser.com/2014/06/17/investments/fixed-income/renminbi-de...