CGIF launches new green bond guarantee

Green 230
By Narae Kim
04 Jul 2016

The Credit Guarantee and Investment Facility is setting up a new guarantee scheme for green bonds in a bid to address the construction risks faced by investors.

The new scheme, called Construction Period Guarantee, aims to allay concerns among bond investors about construction risks by guaranteeing the completion of green infrastructure projects that are financed by the sale of local currency bonds in the ASEAN region.

Under the new facility, CGIF irrevocably and unconditionally guarantees ...

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