World's First AAA Sovereign Green Bond Sale Gets Bumper Orders
- Netherlands sells six billion euros of 20-year bonds
- Successful sale could raise speculation Germany will follow
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The Netherlands received strong investor demand for the world’s first green bond issue by a AAA-rated nation, highlighting the burgeoning appetite for environmentally-friendly securities.
The nation sold six billion euros ($6.7 billion) of 20-year securities, having received over 21 billion euros of orders from investors. The amount sold was at the top end of the four-to-six-billion-euro estimate provided by the Dutch Treasury beforehand.