SHANGHAI, April 20 (Xinhua) -- The New Development Bank (NDB) announced Thursday that it has issued a three-year benchmark green bond worth 1.25 billion U.S. dollars, marking NDB's return to the international capital markets.
It is the first USD green bond issued by the bank, demonstrating its commitment to sustainable capital markets. The net proceeds from the issuance of the bond will be allocated to finance and/or refinance eligible green projects, according to the bank.
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