Month: July 2021

In a “compelling message” to its peers, Benin this month became the first African country to issue an SDG (Sustainable Development Goals) bond, a €500m transaction that was some three years in the making and which enabled the country to achieve a large greenium.

The World Bank has hit new heights in bond issuance since the start of the pandemic, as investors have supported IBRD and IDA in the task of alleviating Covid-19’s social and economic damage. Heike Reichelt, head of investor relations and sustainable finance, World Bank Treasury, spoke to Sustainabonds’ Neil Day about how its issuance is connecting investors with impact.