FIG green bond activity soars in 2017
With Swedbank the latest to mandate for a green bond last week, the total issuance of unsecured green bonds by financial institutions in euros could double 2016’s total. At the same time, Oekom Research said that banks made up a higher proportion of its sustainable investment universe than any other sector.
So far in 2017, financial institutions have issued 10 unsecured green bonds in euros, totalling €5.4bn. This compares with six deals in 2016, totalling €3bn.Swedbank has been on a roadshow this week (lasting from Wednesday to Friday) for a €500m deal, which would bring this year's ...
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