Reykjavik sells ISK 4.1 billion of 30-year green bonds

By Susanna Moon

Chicago, Dec. 21 – Reykjavik issued ISK 4.1 billion of 30-year green bonds on Dec. 17, according to an announcement by Nasdaq.

“Reykjavik intends to issue further bonds in the bond class in the coming years and add market making services,” the release added.

Proceeds will be used to finance the city’s green investment projects under the green bond framework.

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