Germany will launch its 2nd green bond in November with a term of 5 years – source | Instant News


BERLIN, Sept 24 (Reuters) – Germany plans to issue its second green bond in November with a 5-year term as part of an effort to establish a yield curve in a booming sustainable financial market, two people are familiar with the debt plan. told Reuters on Thursday.

Finance Minister Olaf Scholz hopes the auction will raise up to 5 billion euros in funds, said the two people, who spoke on condition of anonymity.

Germany has seen good demand for its first green bonds, issued in early September, seen as a key moment for climate-focused European finance drivers. Germany raised 6.5 billion euros in 10-year bonds, after investors queued for more than 33 billion euros. (Reporting by Michael Nienaber and Rene Wagner Editing by Paul Carrel)

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