Archive

  • Green bonds round-up, 2 May

    02 May 2018

    DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.

  • Lithuania issues first sovereign green bond from Baltics

    30 April 2018

    Lithuania has become the first country in the Baltic region to issue a sovereign green bond. A €20 million ($25 million), 10-year green bond settled today that will be listed on the Nasdaq Baltic Bond List.