EBRD taps zloty for first ‘health’ bond

EBRD 230x150
By Lewis McLellan
14 Mar 2018

The European Bank for Reconstruction and Development (EBRD) has introduced a new theme to market for socially responsible investments, printing a “health bond” in Polish zloty.

The bond will finance EBRD’s health projects, including the construction and expansion of medical centres.

The ZL317m ($92.5m) 10 year bond carries a 3.01% coupon and was purchased by Dai-Ichi Life Insurance.

The bond will be listed on the Luxembourg Stock Exchange’s dedicated green exchange.

While the International Finance ...

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