The bonds will be seen as one of the safest assets, a future rival for US Treasuries, and come at a time of surging fund demand for anything with an environmental label.
LONDON: Europe’s first green bonds are finally arriving, and investors are gearing up for massive interest.
The European Union (EU) sale, expected in the coming week, will be the starting salvo for as much as €250bil (US$289bil or RM1.21 trillion) of such assets that will make it the world’s biggest green borrower. In terms of potential demand, the bloc only has itself to beat: a debut social bond last year smashed all-time records with €233bil (RM1.12 trillion) of orders.
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