Blog

Blog Mailing

日本政策投資銀行(DBJ)がグリーン不動産債券を発行、発行額は2億5,000万ユーロ(3億1,500万ドル)、表面利率0.25%、償還期限3年、格付けAa3/A+、応札倍率3倍。日本の機関投資家のグリーンボンド投資の引き金となるか。(For Japan)

A note for our readers in Japan, marking the importance of the Development Bank of Japan green bond.

Development Bank of Japan issues green property bond, EUR 250m ($315m), coupon 0.25%, 3yr, Aa3/A+ - 3x oversubscribed! Will this be the trigger for Nippon institutional investment in green bonds?

Development Bank of Japan (DBJ) has issued the first green bond from a Japanese issuer; EUR 250m with a 0.25% coupon and 3 year tenor. Moody’s and S&P have rated the bond Aa3 and A+ respectively. The bond was over three times subscribed – EUR 750m! – making it clear that there’s strong investor demand for Japanese green bonds. Underwriters were Bank of America Merrill Lynch, Morgan Stanley, Citi and Daiwa.

Incoming EU Commissioner for Financial Stability, Financial Services & Capital Markets Union, Jonathan Hill says he hopes to build a capital markets union that ... supports green bonds. True!

Incoming European Commissioners have to run the gauntlet of European Parliamentary committees to be confirmed in their jobs, a bit like nominated senior officials of the US Administration.