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Spain To Come To Market With 1st Green Bond In September

EUROZONE ISSUANCE

Spain announced today that it would sell an inaugural Green bond in September, targeting a 20-Year maturity. While the amount to be issued was not revealed, Economy Minister Calvino said the amount would be included in Spain's overall funding target.

  • As we noted in our latest Eurozone Deep Dive, the Spanish Tesoro said of its Green bond programme expected in Q4-21: "The bonds will have long maturities, fully integrated in the Spanish Treasury yield curve, with sufficient volume to provide maximum guarantees of liquidity, and will be reopened via auctions.'"

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