California snaps up World Bank green bonds

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California snaps up World Bank green bonds

Craig McGlashan
October 04, 2018 03:15 PM
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FILE - In this March 23, 2010, file photo, installers from California Green Design install solar electrical panels on the roof of a home in Glendale, Calif. The Obama administration is boosting the development of solar and wind energy on public lands. A final rule announced by the Interior Department on Thursday, Nov. 10, 2016, would create a new leasing program on public lands and encourage development in areas where it would have fewer effects on the environment. (AP Photo/Reed Saxon, File) | Reed Saxon/AP

The State of California has bought $200m of short dated green bonds from the World Bank, the latest stage in a relationship that stretches back to the issuer’s first dollar green bond in 2009.

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JP MorganSSAWorld BankSupras and agenciesSSA MTNs and CPSRI
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Craig McGlashan

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