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The EU green bond is underway, record orders for over 135 billion

2021-10-12T11:15:21.111Z

The EU Commission today issued its first long-term green bond that will power the Next Generation EU (ANSA)



The EU Commission today issued its first long-term green bond that will power the Next Generation EU by registering record orders for over 135 billion euros.


    The issue, worth 12 billion euros and with a duration of 15 years, is the first of an EU program of 250 billion euros in green bond sales, equal to 30% of the total Next Generation EU issue, by 2026. The proceeds will go to Member States for spending on energy efficiency, clean energy and climate change adaptation.


    The transaction was conducted by BofA, Credit Agricole, Deutsche Bank, Nomura and Td Securities.

(HANDLE).


Source: ansa

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