Within the framework of the 2023 foreign financing program, Bank of America, ING, JPMorgan and Standard Chartered were authorized yesterday to issue green bonds with a maturity of 2030 dollars.
While the said issue was concluded on the same day, the issue amount was 2.5 billion dollars. The issuance amount will be transferred to the accounts on April 13, 2023.
The coupon rate of the green bond with a maturity of 13 April 2030 was 9.125 percent and the yield rate was 9.30 percent. Nearly 200 investors demanded more than 3 times the issuance amount.
31 percent of the bond was sold to investors in the UK, 19 percent in Turkey, 18 percent in the USA, 16 percent in the Middle East, 15 percent in other Europe and 1 percent in other countries.
The transaction was the first ESG bond issue issued by the Treasury in international capital markets. With this green bond issuance, a total of 7.5 billion dollars financing was obtained from international capital markets in 2023.