Sweden (still) dominates Nordic green bond market

There are several reasons why Swedish issuance of green bonds still exceeds the rest of the Nordic countries by a wide – and expanding – margin, according to industry professionals.

Photo: Colourbox

In January, the issuance of green bonds in Sweden hit USD 1bn, whereas the remaining Nordic countries didn't have any issuance, according to data provided by The Climate Bonds Initiative.

In 2018, Swedish issuers accounted for 65 percent of the volume in the Nordics, while the figure was 53 percent the year before.

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