Cyprus starts selling first sustainable bond - IFR

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 4 (Reuters) - Cyprus started selling its first sustainable bond on Tuesday, Refinitiv capital markets news service IFR reported. Price guidance on the bond, which matures on 3 April 2033, was set at around 140 basis points over the mid-swap level, IFR said.


Sustainable bonds are a broader form of environmental, social, and governance-focused (ESG) debt, proceeds of which can be spent on both green and social projects. (Reporting by Yoruk Bahceli; editing by Dhara Ranasinghe)

Messaging: yoruk.bahceli@thomsonreuters.com))
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