IFC to Issue Green Bonds Worth $90 Million in Philippines
The bonds, denominated in Philippine pesos, have a maturity period of 15 years
June 25, 2018
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
International Financial Corporation (IFC), a member of the World Bank group, has issued its first internationally rated triple-A peso-denominated green bond which is equivalent to $90 million. The bond, called Mabuhay Bond, will support local capital market and renewable energy with maturity period of 15 years.