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Oops! I meant North Rhine Westphalia, the State not the Bank, is about to do a bond.

North Rhine-Westphalia is the most populous state in Germany, as well as the fourth largest by area. It's still not clear whether it's a green bond or an "SRI" bond; whichever, it'll be the first from a German State.

NRW Bank will come to market with a green bond again in Sept/Oct (and will soon release their green bond's first year report).

Weekly Update: EIB EUR400m ($450m) GB @negative yield! / India’s 1st GB from YesBank closes @INR10bn ($161m), 2x initial / DeutscheBank makes EUR1bn GB commitment / North Rhine-Westphalia brewing / Thai Govt oilco to issue GB

EIB taps EUR400m from 2019 AAA Climate Awareness Bond — and prices at a negative yield!

Talks coming up: Yale 4pm Thurs (today), Edinburgh Uni 4pm Monday / NYC legal issues roundtable this Friday / Solar Finance conf London 10 March / Sydney 16 March / Wellington NZ 19 March

  • Tomorrow I’m giving a lecture at Yale University on green bonds and climate bonds. If you’re on campus please do join. Klein Geology Lab room 123, on Whitney Ave near Peabody Museum.
  • Monday I’m doing the same at the University of Edinburgh in the UK; that’s also open house. Lecture Theatre 4, Business School, University of Edinburgh, 29 Buccleuch Place.

Weekly update: World Bank issues its longest ever tenor: 30yr $34m + its biggest ever: $600m green bond in same week. More from Vasakronan: $14.2m + green bonds in EU Cap Mkt Union green paper

Big news from the World Bank this week with two green bonds issued: the first is a long 30 year tenor for insurance giant Zurich and the second is the World Bank’s biggest ever green issuance of $600m. Repeat issuance seems to be the theme of the week with another green bond from Swedish property company Vasakronan.

Oooh India!! Yes Bank going for India’s first green bond / India’s amazing renewables buzz / Minister asks “how can we help?” – that’s the kind of Minister we want / Indian Green Bond Mkt Dvlpt Cttee

Monday. I’m in Delhi, in the bowels of the old, once-splendid Ashok Hotel, caught in a scrum of people trying to get our RE Invest conference registrations.  “I guess it’s just crowded India” I think, then the guy behind the desk tells me they’ve had twice as many registrations as expected for this year’s conference, and people are still coming in. Ahhh.