QBE kick-starts insurance green market with debut

By Tyler Davies
20 Apr 2017

Australia’s QBE Insurance group offered the latest example of innovation in the green bond market this week, opening books on the insurance sector’s first ever deal in the format.

While banks will often use green debt offerings to finance their green lending, QBE said rather unusually that it would use the proceeds of its new $300m 5.5 year green deal to invest in a portfolio of other green bonds.

According to the Aussie insurer’s recently published ...

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