The Green Muni GO crosses the Atlantic, from Massachusetts to Sweden
Yesterday the Canadian supplement to the Bonds and Climate Change report was launched by Sean Kidney with a speech at the Economic Club of Canada.
1. That EBRD AAA, 5 year "environmental sustainability" bond I blogged yesterday is out; proceeds go to climate related investments. See the EBRD announcement at http://goo.gl/8HwOBH. And check out their FAQ. Coupon is 1.625%. There were 14 buyers: 51% US, 31% European, 18% Asian.
Nedbank's Green Savings Bond is a bog-standard bank offering for retail customers, except that funds are channelled to financing renewable projects under the South African Government's ambitious sustainable energy policy.
While we report mainly about larger scale climate bonds, we're also seeing more small-scale, retail-focused bond issuance. We aim to cover these on an occasional basis (so let us know your sightings!). Two from the UK this month:
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