The latest issue of World Bank green bonds has pushed the total amount to $1.1bn. The AAA rated fixed interest investment vehicle is managed by Swedish Investment Bank SEB, with the latest tranche, denominated in Swedish Kronor (SEK) will pay a coupon of 3.25 per cent maturing in 2017. The bonds continue to be aimed at a growing demand from institutions and pension fund managers to support a low carbon economy.
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