Luxembourg stock exchange lists 100th green bond

The Luxembourg Stock Exchange (LuxSE) has listed its 100th green bond on 18 February 2016.

The bond was issued by the European Investment Bank (EIB) and brought EIB’s Climate Awareness Bond (CAB) 11/2026 to €1.5bn, making the CAB the largest green bond in this part of the curve.

Back in 2007, the EIB launched and listed the first ever green bond on LuxSE.

With currently 100 green bonds listed in 20 currencies by 20 issuers, LuxSE said it is “by far the leading exchange at international level.”

Robert Scharfe, CEO of the Luxembourg Stock Exchange, said: “With this 100th green bond listed on our exchange we recognize EIB’s outstanding contribution to the evolution of green standards and commit to further accompany green issuers in the next phase of the market.”

Pierre Gramegna, minister of Finance in Luxembourg commented: “Sustainable development and the green economy are increasingly important economic growth drivers. Initiatives to make the green bond market more attractive are flourishing throughout financial centres.

“The fact that the Luxembourg Stock Exchange is listing its 100th green bond underlines the pioneering role of the Luxembourg financial centre in this area, as in many others. Innovation is the engine of our success.

“The Luxembourg Stock Exchange is likely to play a pivotal role in the funding of green entrepreneurship, supporting the growing market for green bonds in Luxembourg and ensuring appropriate transparency.”

Werner Hoyer, President of the EIB, said: “The Luxembourg Stock Exchange has shown clear leadership in listing green bonds and the EIB has become the largest issuer in this market. This 100th bond issue on LuxSE strengthens a path of trust, cooperation and vision to supporting climate action.”

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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