World Bank's Dublin-listed €1.5bn sustainable development bond - News Summed Up

World Bank's Dublin-listed €1.5bn sustainable development bond


THE decision by the World Bank to list a €1.5bn Sustainable Development Bond on the Irish Stock Exchange Euronext, its first 10-year bond since 2009, is a “game changer” in positioning Ireland’s as a leading centre for sustainable finance. THE decision by the World Bank to list a €1.5bn Sustainable Development Bond on the Irish Stock Exchange Euronext, its first 10-year bond since 2009, is a “game changer” in positioning Ireland’s as a leading centre for sustainable finance. That's according to Stephen Nolan, CEO of Sustainable Nation Ireland, an initiative that promotes Ireland as a world-leading hub for sustainable finance. The World Bank has priced a 10-year Global Sustainable Development Bond, raising €1.5bn from institutional investors around the globe, to finance its sustainable development activities and engage investors with their Sustainable Development Goals (SDGs). Other organisations attending included the Asian Development Bank, the European Investment Bank, BlackRock, BNP Paribas and SEB.


Source: Irish Independent May 16, 2019 15:11 UTC



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