KfW gets bumper Nokkie green light

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By Frank Jackman
22 Aug 2019

KfW brought its revamped green framework to the Norwegian krone market to print a deal on Tuesday. Later that week, strong demand from domestic and international investors let the issuer increase the note to a record breaking size, printing the largest Nokkie green bond across any asset class.

The agency priced a Nkr2bn ($222.9m) August 2023 bond with a 1.25% coupon on Tuesday, before adding an additional Nkr2bn on Thursday after high investor demand.

“We started with an initial Nkr2bn, but due to strong interest from domestic and international accounts we managed to increase the ...

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