Apple Issues largest certified US corporate Green Bond ($1.5bn, 7 yrs, 2.85% S/A, Aa1e)
Apple dropped into the green bond market for the first time yesterday with a whopping $1.5bn issuance. The green bond was part of larger $12bn bond sale by Apple, which is the second largest bond market deal so far this year.
The first certified green bond in Asia, a flurry of municipal green bonds from three corners of the US: Texas (University of Texas), Massachusetts (Mass Clean Water) and California (San Diego) and repeat green issuances from Korea’s KEXIM, Canada’s Province of Ontario and the US governments’ OPIC. Plus a first time green issuance from New York's MTA this week rounded of a busy start to the month.
At the end of last year we saw the tip of the Chinese green bond market iceberg surface with the first Chinese corporate green bond from Goldwind and first Chinese green domestic issuance from Agricultural Bank of China (ABC). The momentum built with the the People's Bank of China (
Development Bank
First green bond of 2016 goes to EIB’s EUR500m tap of 2023 - Climate Awareness Bond (7yr, 0.5%, AAA)
