Italy Goes Green for the First Time With Inaugural Bond Sale

Link: https://finance.yahoo.com/news/italy-goes-green-first-time-082347375.html?.tsrc=fin-srch

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Excerpt:

Italy is making its first foray into the green bond market, the latest major debt issuer to tap into one of the fastest-growing sectors of finance.

The nation is selling debt maturing in 2045 via banks, an unusual tenor that is expected to draw interest from domestic investors as well as specialist environmental funds. European nations are piling into the market as they seek to finance a greener recovery from the pandemic.

Author(s): John Ainger

Publication Date: 3 March 2021

Publication Site: Yahoo Finance