Poland sells €1 bln green bonds

The Ministry of Finance sold €1 billion worth of green bonds with €3.25 demand from the investors. The 8.5-year bonds have a 1.153 percent yield and 23 basis points over midswaps.

“Funds from the issue will be allocated for financing pro-environmental projects in line with the principles set out in the Green Bond Framework,” the ministry explained.

Back in December of 2016, Poland was the first state in the world to issue such papers and sold €750 million five-year green bonds.

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