World Bank is back with 2yr, $550m green bond, AAA, placed with asset managers, pension & insurance funds in US and EU
Submitted on Tue, 2013-08-13 05:20Three weeks after adopting a new energy policy that axes coal lending, the World Bank is back with a new $550m, 2 year Green Bond, AAA. The bond coupon is 0.375%, slightly better than US Treasury bonds. (Rates sure a low, aren't they!)