market-report

Nomura selling Nordic IB enviro bonds

Nomura Securities Co. has announced that it will start selling environment-related bonds issued by Nordic Investment Bank on January 22.

Nordic's three-year bonds will be available in the New Zealand dollar and South African rand, with funds expected to be applied to loans for renewable energy and many other environmental projects.

Japanese media are referring to the bonds as "green bonds", a sign of local interest in such issues.