India’s Inaugural Green Bond Earns ‘Greenium’ on Solid Demand
ESG Today
JANUARY 26, 2023
The Government of India’s first ever issuance of green bonds met strong demand, with orders exceeding the offering size by more than 4 times, earning the bonds a 5-6 basis point “greenium,” or a favorable yield spread relative to similar issues lacking green credentials, according to results released by the Reserve Bank of India (RBI).
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