NDB to issue $448m green bonds
By Wu Yiyao In Shanghai | China Daily | Updated: 2016-07-14 07:47
The New Development Bank announced on Tuesday that it will issue 3 billion yuan ($448.4 million) of renminbi-denominated green financial bonds.
It will be the first green bonds issued by a multilateral development bank in China's interbank bond market.
The NDB was founded by the BRICS countries: Brazil, Russia, India, China and South Africa.
Photo
