Europe, the first green bond is selling like hot cakes: record demands for 135 billion

by time news

Transition, super demand of 135 billion for the first European green bond

The primo green bond europeo literally snapped up with record orders, which he allowed to collect 12 billion euros to be used exclusively for green and sustainable investments across the EU. This is by far the largest green bond issue in the world. The bond loan of 15 years expiring on February 4, 2037 ordered over 11 times in excess, for over 135 billion euros. A wide range of investors have expressed interest in the bond.

Con i green bond Next Generation Eu, Europe is set to become by far the largest issuer of green bonds in the world, providing a significant boost to sustainable financial markets and funding a greener EU recovery from the pandemic. “With the strong oversubscription rate and excellent pricing conditions, today’s issue represents a promising start for the Next Generation Eu green bond program of up to € 250 billion by the end of 2026,” explains the Commission. in a note.

Today’s issue is a good start for the Next Generation Eu green bond program. Destined to transform the EU into the largest issuer of green bonds in the world, it is a powerful signal of the EU’s commitment to sustainability. Our future is green and it is extremely important to take this opportunity to clearly show investors that their funds will be used to finance a sustainable European recovery, “explained European Commissioner for Budget and Administration Johannes Hahn.

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