German improvement financial institution KfW Group is stepping up issuance of ecologically-sustainable debt priced in foreign currency, complementi
German improvement financial institution
KfW bought greater than half its inexperienced bonds in a report seven currencies this 12 months, together with greenback, pound and Norwegian kroner points. It expects to promote one other eight billion euros ($9 billion) of inexperienced bonds subsequent 12 months, equal to a couple of 10th of the Frankfurt-based lender’s complete issueance of 80 billion euros this 12 months.
Promoting inexperienced bonds in international denominations is “an intentional transfer to speed up sustainable finance globally,” mentioned