The Commonwealth of Australia has issued its inaugural billion green bond at A$7 billion $4.66 billion, working with the Australian Office of Financial Management AOFM. The 10-year bond will mature in June 2034 and investors came in from Australia, Asia, Europe and North America.
The bond was over-subscribed with more than A$22 billion in bid from 105 investor institutions, according to a statement from Chris Bowen, Australia’s minister for climate change and energy, and Tanya Plibersek, Australia’s minister for the environment and water.
The joint lead managers JLMs on the issue were Commonwealth Bank of Australia, Deutsche Bank, National Australia Bank, UBS Australia branch...
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