Deutsche Bank has issued its own first green bond valued at EUR500 million.
The 6-year bond has a coupon of 1.375% and will be used to refinance the bank’s own sustainable projects, such as the expansion of renewable energies.
“Issuing our own green bonds is a further building block of our sustainability strategy,” said CEO Christian Sewing. “As one of the few global financing houses, we can and want to help shape the transformation to a low-carbon economy. Green bonds for our own account and for our customers are an important instrument in this respect”.