{"id":9142,"date":"2022-06-03T09:15:27","date_gmt":"2022-06-03T09:15:27","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=9142"},"modified":"2022-06-03T09:15:29","modified_gmt":"2022-06-03T09:15:29","slug":"germany-raises-e4-billion-from-green-bond-plans-green-yield-curve","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/","title":{"rendered":"Germany Raises \u20ac4 Billion from Green Bond, Plans Green Yield Curve"},"content":{"rendered":"\n<p>Germany has raised \u20ac4 billion in green bond proceeds aimed at funding green expenditures and investments as part of its sustainability strategy. The new issuance was made through the re-opening of Germany\u2019s 30-year Green Federal bond, maturing August 2050.<\/p>\n\n\n\n<p>In a recent green bond presentation to investors, Germany\u2019s Finance Ministry outlined the country\u2019s initiative to develop the sustainable finance market, with plans to establish a green yield curve later this year following the issuance of a new 5-year green bond, and continuing the \u201ctwin bond\u201d concept.<\/p>\n\n\n\n<p>Germany has been one of the most active sovereign green bond issuers since <a href=\"https:\/\/www.esgtoday.com\/germanys-inaugural-green-bond-issue-meets-strong-demand-5x-oversubscribed\/\">its initial \u20ac6.5 billion, 10-year green bond<\/a> offering in August 2020, going on to raise over \u20ac30 billion in green debt to date.<\/p>\n\n\n\n<p>With its inaugural 2020 issuance, Germany launched a \u201ctwin bond\u201d concept, by matching its green bonds with existing conventional securities with matching characteristics, including maturity and coupon, in order to highlight the value of the sustainability characteristics of the green securities, or the \u201cgreenium.\u201d<\/p>\n\n\n\n<p>The 30-year green bond, for example, currently trades at a 1.42% yield, representing a 2 bp greenium to its conventional 30-year counterpart.<\/p>\n\n\n\n<p>The twin bond concept is part of the government&#8217;s efforts to \u201csubstantially strengthen and decisively develop the market for green and sustainable forms of investment,\u201d according to the federal government\u2019s website. In the next phase, the government plans to establish a green yield curve for the euro area, following the issuance of its 5<sup>th<\/sup> green bond, planned for Q3 2022.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-9142\" data-postid=\"9142\" class=\"themify_builder_content themify_builder_content-9142 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->\n<span class=\"et_bloom_bottom_trigger\"><\/span>","protected":false},"excerpt":{"rendered":"<p>Germany has raised \u20ac4 billion in green bond proceeds aimed at funding green expenditures and investments as part of its sustainability strategy. The new issuance was made through the re-opening of Germany\u2019s 30-year Green Federal bond, maturing August 2050. In a recent green bond presentation to investors, Germany\u2019s Finance Ministry outlined the country\u2019s initiative to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":9143,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[31,30],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Germany Raises \u20ac4 Billion from Green Bond, Plans Green Yield Curve - ESG Today<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Germany Raises \u20ac4 Billion from Green Bond, Plans Green Yield Curve - ESG Today\" \/>\n<meta property=\"og:description\" content=\"Germany has raised \u20ac4 billion in green bond proceeds aimed at funding green expenditures and investments as part of its sustainability strategy. The new issuance was made through the re-opening of Germany\u2019s 30-year Green Federal bond, maturing August 2050. In a recent green bond presentation to investors, Germany\u2019s Finance Ministry outlined the country\u2019s initiative to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\" \/>\n<meta property=\"og:site_name\" content=\"ESG Today\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/ESGToday\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-06-03T09:15:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-06-03T09:15:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.esgtoday.com\/wp-content\/uploads\/2022\/06\/Germany-finance-min2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1299\" \/>\n\t<meta property=\"og:image:height\" content=\"889\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Mark Segal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:site\" content=\"@EsgToday\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark Segal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\"},\"author\":{\"name\":\"Mark Segal\",\"@id\":\"https:\/\/www.esgtoday.com\/#\/schema\/person\/cca7a2b05e3a06d096e5740fb1433a01\"},\"headline\":\"Germany Raises \u20ac4 Billion from Green Bond, Plans Green Yield Curve\",\"datePublished\":\"2022-06-03T09:15:27+00:00\",\"dateModified\":\"2022-06-03T09:15:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\"},\"wordCount\":253,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/www.esgtoday.com\/#organization\"},\"articleSection\":[\"Government\",\"Sustainable Finance\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\",\"url\":\"https:\/\/www.esgtoday.com\/germany-raises-e4-billion-from-green-bond-plans-green-yield-curve\/\",\"name\":\"Germany Raises \u20ac4 Billion from Green Bond, Plans Green Yield Curve - 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