AFD wins huge book for green bond, prices flat to or through curve

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Supras and agencies

AFD wins huge book for green bond, prices flat to or through curve

Lewis McLellan
November 08, 2017 04:30 PM
Solar panel green 230x150
Jason Andriulaitis (left) and Dave Osborne of Osborne Solar Solutions checks a connection under a new solar panel installation in Scugog, Ontario on Wednesday April 27, 2016. Various renewable energy initiatives in Ontario are part of what has helped the province stop burning coal to produce electricity. THE CANADIAN PRESS/Frank Gunn | Frank Gunn/The Canadian Press/PA Images

The Agence Française de Développement (AFD) managed to pull its spread in by 6bp from price guidance on its six year green bond issue today, attracting a heavily oversubscribed book full of investors seemingly ready to buy at any price.

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Topics

French SovereignSSAEuropeCrédit AgricoleFranceEuroSupras and agenciesEMEAHSBCSRISociété Générale
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Lewis McLellan

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