The European Commission has today issued the world’s largest green bond ever raising €12.0bn through its NextGenerationEU Green Bond Programme to accelerate growth in sustainable finance markets, fund a greener EU recovery and demonstrate the EU’s commitment to sustainability. As the 5th syndicated transaction since the start of NextGenerationEU in June 2021, the final order book was over €135.0bn with the bond over 11x oversubscribed.
The 15-year bond features:
- Coupon: 40bps
- Re-offer Yield; 453bps
- Spread to Mid-Swaps: -8bps
- Spread over 15yr Bund due May 2036: 31.6bps
- Spread to 15-year OAT due May 2036: -46.bps
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Sector: Finance
Country / Region: Europe
Tags: Banks, bonds, citizens, crop yields, funds, green bonds, Industry Regulators, Institutional Investors, National Regulators, oat, SMARTER, specific financing mechanisms, Supranational Regulators, sustainabilityIn 5 user collections: Green Home Investment Platform – Industry Regulators , Green Home Investment Platform – National Regulators , Green Home Investment Platform – Supranational Regulators , Green Home Investment Platform – Institutional Investors , Green Home Investment Platform – Banks
Knowledge Object: Web Resource
Author: European Commission (‘EC’)