Hungary prints first sovereign green Samurai

Adobe_Hungary_575x375_22April2020
By Frank Jackman
11 Sep 2020

Hungary returned to the Samurai market after a two year absence on Friday to sell the first ever sovereign green bond in the market, which formed part of its ¥62.7bn (€500m) four tranche deal, which the sovereign used to extend its debt curve while also introducing a new investor base to the credit.

“We are very proud to be the first sovereign green bond issuer in Japan,” said Zoltan Kurali, CEO of Hungary’s debt management office, the AKK. “This transaction was the natural next step after our return to the yen market in 2018.”

More sovereigns could follow Hungary into ...

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