Institutional investors eager for Green and Climate bond offerings

Institutional investors looking for both quality yield and quality ‘impact’ quickly snapped up the International Finance Corp’s (IFC) latest green bond offering of $1 billion, the largest in the short history of green bonds. The IFC, which is the World Bank Group’s private sector division, offered three-year, triple-A-rated bonds that yielded 15 basis points higher than comparable U.S. Treasuries … [Read more...]