BR100 Increased By (0.35%)
BR30 Increased By (0.66%)
KSE100 Increased By (0.4%)
KSE30 Increased By (0.44%)
AGHA 7.67 Increased By ▲ 0.21 (2.82%)
BECO 5.29 Increased By ▲ 0.02 (0.38%)
BML 60.99 Increased By ▲ 3.73 (6.51%)
BOP 36.11 Increased By ▲ 1.36 (3.91%)
CNERGY 10.99 Decreased By ▼ -0.07 (-0.63%)
CSIL 6.10 Increased By ▲ 0.27 (4.63%)
FCCL 56.60 Increased By ▲ 0.18 (0.32%)
FFL 16.50 Increased By ▲ 0.09 (0.55%)
FNEL 1.21 Increased By ▲ 0.01 (0.83%)
KEL 7.33 Increased By ▲ 0.01 (0.14%)
KOSM 6.08 Decreased By ▼ -0.07 (-1.14%)
LOTCHEM 27.20 Increased By ▲ 0.08 (0.29%)
MLCF 99.05 Increased By ▲ 1.11 (1.13%)
NBP 207.80 Increased By ▲ 0.92 (0.44%)
NCPL 56.52 Increased By ▲ 0.10 (0.18%)
NPL 65.76 Decreased By ▼ -0.01 (-0.02%)
OGDC 317.65 Increased By ▲ 1.35 (0.43%)
PACE 11.12 Increased By ▲ 0.25 (2.3%)
PAEL 42.68 Increased By ▲ 0.38 (0.9%)
PIBTL 16.96 Increased By ▲ 0.18 (1.07%)
PPL 221.85 Increased By ▲ 1.16 (0.53%)
PRL 63.03 Decreased By ▼ -0.62 (-0.97%)
PTC 72.01 Increased By ▲ 0.19 (0.26%)
SSGC 27.06 Decreased By ▼ -0.02 (-0.07%)
TBL 9.81 Increased By ▲ 0.09 (0.93%)
TELE 8.82 Increased By ▲ 0.09 (1.03%)
TPL 19.74 Increased By ▲ 0.34 (1.75%)
TPLP 14.79 Increased By ▲ 0.01 (0.07%)
TREET 23.75 Increased By ▲ 0.35 (1.5%)
TRG 61.77 Increased By ▲ 0.36 (0.59%)
اردو
Android App
Print Edition Dollar to PKR
Daily Petrol Prices Intl Oil Prices Iran-US war Gold Rates Podcasts PSX Notices
Business & Finance

Nordic Investment Bank launches 500mn euro green bond

Published Updated
Save
1 min
Comments
By Parvez Jabri
Add BRecorder as a trusted
source on Google
Google Preferred Source

imageLONDON: The Nordic Investment Bank said on Thursday it had launched an eight-year 500 million euro ($567 million) green bond to help to finance environmental projects.

The proceeds from so-called green bonds help to pay for projects relating to renewable energy, energy-efficiency, green transport and wastewater treatment.

This is second green bond in euros by the Nordic Investment Bank, which provides funding for projects in the Nordic and Baltic countries.

The bond attracted strong interest from investors including Dutch development bank FMO, Dutch pension fund APG and the Fourth Swedish National Pension Fund (AP4), the Nordic Investment Bank said.

Copyright Reuters, 2016

Comments

Comments are closed for this article.

More Stories

Browse all stories