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EU pulls in record $156 billion orders for debut green bond

The bloc registered more than 135 billion euros ($156 billion) in orders Tuesday for a sale of 12 billion euros of securities maturing in 2037.

Photo: Bloomberg
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Photo: Bloomberg

Jill Ward | Bloomberg
The European Union drew record demand for its debut green bond, in the sector’s biggest-ever offering.

The bloc registered more than 135 billion euros ($156 billion) in orders Tuesday for a sale of 12 billion euros of securities maturing in 2037. Both the demand and size eclipse last month’s debut from the U.K. The transaction is just the first in a 250-billion-euro program of EU green-bond sales earmarked for the coming years.

“This will be the largest green bond out there and it will provide investors with one of the most -- or the most -- liquid green bonds,” said Julian Kreipl,