9 Apr 2019
EUR 27.7 million
Energy and water
On 1 February 2019, NIB listed its inaugural Nordic–Baltic Blue Bond for water management and protection on Nasdaq Stockholm. The listing marks the first blue bond on Nasdaq’s Nordic Sustainable Debt Market.
The Nordic–Baltic Blue Bond is NIB’s first listing on Nasdaq Nordic Sustainable Market. The five-year SEK 2 billion bond has been issued under NIB’ Environmental Bond Framework and supports the Bank’s lending to selected wastewater treatment projects, prevention of water pollution and water-related climate change adaptation.
“This is our first Blue Bond and we are pleased to see a very strong outcome. A high quality order book supported by investors that are conscious of the challenges affecting the Baltic Sea area verifies that the investors acknowledge NIB’s work within water and environmental protection”, says Jens Hellerup, Head of Funding and Investor Relations at NIB.
“Our sustainable bond market more than doubled in size during 2018 and the inclusion of the Nordic Investment Bank is strong signal that this growth will continue into 2019,” said Ann-Charlotte Eliasson, European Head of Debt Listings at Nasdaq.” We aim to support all of our clients in their efforts to transition into a more sustainable future and hope that the NIB will inspire further issuers to join the market.”
Nasdaq (Nasdaq: NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 100 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to over 4,000 total listings with a market value of approximately $15 trillion.
About Nordic Investment Bank
NIB is an international financial institution owned by eight member countries: Denmark, Estonia, Finland, Iceland, Latvia, Lithuania, Norway and Sweden. The Bank finances private and public projects in and outside the member countries. NIB has the highest possible credit rating, AAA/Aaa, with the leading rating agencies Standard & Poor’s and Moody’s.
For further information, please contact:
Mr Jens Hellerup, Head of Funding and Investor Relations, at +358 961 811 401, email@example.com