LATEST INSIGHT

Barclays closes $521m through green bond issuance

vi

Barclays Bank has raised  $521million through a green bond issuance, which will be used to finance or re-finance mortgages on energy efficient residential properties.

The green bond, which matures in 2026, attracted strong institutional investor interest and was over-subscribed five times, the bank said.

Green bonds are used to finance clean energy and environmental projects such as wind farms and low-carbon transport.

The green bond is Barclays’ second. The first was issued in 2017 and funded domestic residential mortgage assets.

myfisense

myfisense


Leave a Reply

Your email address will not be published. Required fields are marked *

FI Sense

FREE
VIEW