Heads up: Norway's Kommunalbanken expected to issue AAA $500m green bond next week

Kommunalbanken is the Norwegian Government's AAA-rated local government funding agency.

Earlier this week a small announcement appeared that Citi, SEB, Bank of America Merrill Lynch and Morgan Stanley had been mandated to underwrite a debut public US Dollar green bond.

We've heard target issuance is $500 million. We're expecting the bond to come out next week.