Slovakia rules out sovereign green bond

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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