Belgium to raise €4.5 billion with second issue of green bonds

Belgium to raise €4.5 billion with second issue of green bonds
Credit: Belga

Belgium will raise €4.5 billion through its second green bond (Green OLO) issue, according to a communication from the Debt Agency.

The bond, which matures on 22 April 2039, has a rate of 2.754%, the Agency stated.

The first issue of green OLOs took place in May 2019 and had already enabled the Belgian State to raise €4.5 billion. The 15-year bond carried an interest rate of 1.289%.

Green OLO products are devoted to concrete projects in favour of the climate, energy transitioning and the preservation of biodiversity in Belgium.


Copyright © 2024 The Brussels Times. All Rights Reserved.