AfDB’s Nokkie social bond sparks debate

social impact fotolia 230x150

Issuers and syndicate desks were split over whether the African Development Bank’s inaugural Norwegian krone bond — the first ever social bond in the Norwegian market — could pave the way for further social issuance in the sector.

By Frank Jackman
11 Apr 2019
“It looks like it is a good trade, but the AfDB didn’t state if the book was oversubscribed,” said a Scandinavia based head of SSA origination. “Whether the Nokkie social market is going to be something remains to be seen. I am not sure how deep this market ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.