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Nordic Investment Bank launches 500mn euro green bond

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By Parvez Jabri
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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

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