Slovenia issues first sustainability bond

(Photo: Tamino Petelinšek, STA)

By: J.S.,STA

Slovenia issued its first sustainability bond to finance exclusively sustainable projects. Demand for the EUR 1 billion bond with a 10-year maturity date outstripped supply by far, the Slovenian Finance Ministry said.

Slovenia issued the green bond as the first Central or East European country and as the second EU member state, so the ministry labelled the transaction a milestone.