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.
First green bond of 2016 goes to EIB’s EUR500m tap of 2023 - Climate Awareness Bond (7yr, 0.5%, AAA)
HSBC inaugural €500m ($547m) green bond is BIG success with 4x oversubscribed (0.625%, AAA, 10 yrs)
The first green bond from Mexico issued by Nacional Financiera (Nafin), certified by Climate Bonds!! Check out our blog for full details!!
We see municipalities and development banks quickly catching up on green bond issuance over the past week or so! For three key issuances covered in this blog, we as usual share our thoughts on the green credentials of these bonds and further dive into the eligible projects under use of proceeds.