MuniFin coming for debut social bond in 2020

Finland Fotolia 230x150
By Burhan Khadbai
13 Feb 2020

Municipality Finance will look to issue a debut social bond in the second half of this year, having just become the first borrower in Finland to publish a framework for the format.

MuniFin’s social bond framework is aligned with the International Capital Market Association’s Social Bond Principles. ISS ESG has provided a second opinion on the framework.

Eligible projects for the agency’s social bonds include housing, welfare and edification, with a special emphasis on targeting the most vulnerable parts of ...

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