NORD/LB Luxembourg Covered Bond Bank €300 million green bond issue

Overview:

• NORD/LB Luxembourg Covered Bond Bank issued a €300 million 0.05% green covered bond with a five year term. 
• This is the first covered green bond issuance under the Luxembourg law.
• It was four times oversubscribed, with the order book around €1.1 billion at closing, and had more than 80 investors worldwide.

Natasha Forrest - Researcher