Germany raises 6.5 billion euros from first-ever green bond
Posted on AllSides September 2nd, 2020
From The Center
AMSTERDAM (Reuters) - Germany saw good demand for its first-ever green bond on Wednesday, in a landmark moment for Europe’s climate-focused finance drive.
Germany raised 6.5 billion euros from the 10-year bond, after investors queued up for over 33 billion euros, its finance agency said in a statement.
“With today’s issue of the government’s first green bond, we have taken an important step towards significantly strengthening Germany as a sustainable finance location,” German deputy finance minister Joerg Kukies told Reuters.
Germany hopes to issue a range of bonds with different...
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