VDP sets green Pfandbrief standards
The Association of German Pfandbrief Banks (VDP) has introduced minimum standards for issuing green Pfandbriefe, a development that should help seal Germany’s position as a leading jurisdiction for green covered bond issuance.
The new minimum green standards are designed to give a “boost to this still young market segment”, said Jens Tolckmitt, chief executive officer of the VDP, in a press release published on Thursday.The new standards will provide a useful guidance for Pfandbrief banks and reassure investors that ...
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