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    Belgium is going to issue its first green bond

    © Belga
    © Belga

    Belgium intends to issue “in the near future its first Green OLO in euros with a 15 to 20-year duration (OLO 86), if the market conditions allow it,” announced on Monday the Minister of Finance Johan van Overtveld in a press release. Within this framework, BNP Paribas Fortis and Credit Agricole CIB will organize a series of meetings with investors in order to present the Green OLO Framework Document. It will be launched this Thursday in Brussels in presence of the Minister of Finance and the Minister of Energy, Environment and Sustainable Development, Marie Christine Marghem.

    Last December, the Debt Agency had mentioned this first green bond, of an amount to be set between three and five billion euros. Belgium is the second country of the Euro Zone, after France, to issue a “green bond,” the product of which will be devoted to concrete projects in favor of climate and energy transition.

    Jason Bennett
    The Brussels Times