EIB prints Swedish kronor SAB to combat Covid-19

Swedish krona fotolia 230x150
By Frank Jackman
01 Apr 2020

The European Investment Bank joined the ranks of supranationals issuing debt to support the fight against Covid-19 this week, using its recently updated sustainability awareness bond (SAB) framework to raise Skr3bn ($299m) to finance its response to the coronavirus pandemic.

The original SAB programme was launched in 2018 with a focus on funding water projects, with the remit later widened last September to include health related projects.

Under the newly expanded SAB programme, proceeds can be used to support health authorities and hospitals, laboratory testing facilities and medical ...

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