The European Investment Bank issued a SEK500m ($75.9m), 6 year, Climate Awareness Bond last week. Interest rate was 3%. Placement was 40% Nordic, 20% Asian, the rest in Europe. Proceeds from the bonds are used to finance renewable energy and energy efficiency projects, as detailed in annual newsletter they publish. Since 2007, EIB Climate Awareness Bonds have raised over EUR 1.7bn equivalent.

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