World Bank issues green bond to Danish pension funds

For the first time in 22 years, the World Bank has issued a bond in DKK. It is a green bond with a longer duration than the World bank normally gives this type of bond.

Archive photo. The picture shows the Indian state of Maharashtra in 2016, when an extreme drought affected a quarter of India's population. | Photo: Rajanish Kakade/AP/Ritzau Scanpix

The World Bank has issued its first green bond in DKK. The buyers are a number of Danish pension funds with ATP at the helm.

"As a pension fund with liabilities in DKK, and as a dedicated investor in green bonds, ATP really appreciates the World Bank's first green bond in DKK," says ATP in a press release from the World Bank, which has the primary goal of ending extreme poverty and improving collective welfare.

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