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MYR ASESORES | The ICO launches its first green bond issue and consolidates itself as one of the main issuers of sustainable bonds in the European market
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The ICO launches its first green bond issue and consolidates itself as one of the main issuers of sustainable bonds in the European market

01 Jan The ICO launches its first green bond issue and consolidates itself as one of the main issuers of sustainable bonds in the European market

Posted at 00:00h in Uncategorized by info 0 Comments
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02 April 2019

El Instituto de Crédito Oficial (ICO) has launched its inaugural issuance of green bonds for an amount of 500 millones de euros. Demand has exceeded 3.400 millones de euros, which shows the interest of investors and represents six times the amount of the issue, exceeding the usual average of ICO transactions. This fact has allowed the operation to close with a spread of 7 basis points on the Treasury reference for the same term, the lowest achieved by ICO in its “benchmark” operations

Source:: Treasury News

      

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