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Hungary’s Green Samurai Bond Issue Wins Special Award

MTI-Hungary Today 2021.04.10.

Financial information service provider Capital Eye Limited has recognised Hungary’s green bond issue in Japan last year with a special award in its Best Deals of 2020 issue, Finance Minister Mihály Varga said on Saturday.

Hungary in 2020 became the first foreign sovereign issuer to enter the Japanese yen green bond market, Varga said on Facebook.

Green bonds accounted for one-third of the 500 million euro samurai bond issue, he noted, adding that proceeds from the issue are to be used to finance various environmentally-friendly investments.

The bond issue also recently won accolades from the Japanese financial press and a research institute, the minister said.

featured illustration via Mihály Varga’s Facebook page