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EIB (AAA) taps Climate Awareness Bond (Nov 2019) for further EUR250m = largest green bond issued to date. 2/3 investors European, ¼ Nordic.

This week the EIB announced it is tapping its Climate Awareness Bond for a further EUR250m in an announcement that makes takes the bond up to at least EUR900m. This is the first time the EIB has tapped the 1.375% November 2019 bond.

New $75m NIB Enviro Bond out

Nordic Investment Bank this week issued a new 20 year (yes, long dated are selling) SEK 500 million "Environmental Bond", linked to their environmental lending portfolio. It was sold mainly to Scandinavian investors. Lead Managers were SEB (go Christopher Flensborg!) and BoAML. Interest rate 2.75%. For details (including about their ring-fencing) go to http://www.nib.int/capital_markets/environmental_bonds

"Tiny green bond market looking ready to sprout" says P&I

According to Pensions & Investment magazine: "Money managers, institutional investors and others are combining efforts to drive the nascent green bonds market forward, and the fruits of their labor are becoming apparent."

It's an all-cast story, with quotes from CalSTRS, SSgA, UKSIF, SEB, IIGCC, AP3, Nikko, Calvert (if you know all the acronyms you qualify as a green bond groupie). The story also mentions the Climate Bonds Standards.