The City of Gothenburg plans to up its green bond issuance to two a year as part of Nordic public issuers’ wider push in the format. The Swedish municipality made its first visit to the green bond market this year on Tuesday, using its new green bond framework.
“We started six years ago, issuing one green bond a year. But this year our ambition is to issue one or two, with this issue being the first,” said Fredrik Block, portfolio manager at the City of Gothenburg.
The City wants to return to the market in November.