Netherlands sails through debut green bond
The Netherlands got a huge reception for its highly anticipated inaugural green bond on Tuesday, with a final book of over €20bn that allowed the sovereign to issue at the upper end of its target.
The books opened for the Dutch Direct Auction at 10:00am CET on Tuesday with an initial spread guidance of 18bp-21bp over the 4.75% July 2040 German Bund, that was announced on Monday.After just 18 minutes of the books opening, orders reached over €15bn, allowing the spread ...
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