Slovakia rules out sovereign green bond

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By Lewis McLellan
16 Sep 2020

Sovereign green bonds are becoming almost commonplace in Europe, but not all are convinced. Slovakia has no intention to enter the market, saying it is a costly exercise that “would not help anyone”.

Juraj Franek, front office manager for the Slovakian debt management agency, said that the country has no intention to issue a green bond. “We don’t see much benefit," he said, "but see a lot of hurdles and costs”.

Green bond enthusiasts claim that issuance of the instrument helps ...

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