The Debt Office raised SEK 20 billion through its first-ever sale of a sovereign green bond on 1 September 2020. The proceeds will be linked to central government expenditures that go towards meeting Sweden’s environmental and climate goals.
In June 2020, the Government decided on the framework for Sweden's sovereign green bond and as to which budget expenditures the bond will be linked, including protection of valuable natural environments, climate investments and railway maintenance. The framework is rated “dark green” – the highest grade – by second-opinion provider Cicero.
Investors from around the world have shown great interest in our green bond as well as in Sweden's environmental and climate policy, says Anna Sjulander, Acting Head of Debt Management.
The green bond was issued in Swedish kronor and under the Debt Office’s programme for Euro Medium Term Notes (EMTN). The maturity date of the bond is 9 September 2030.
What distinguishes the green bond is the fact that investors shall be able to monitor the expenditures to which it is linked, as well as the environmental and climate effects those expenditures contribute to achieving.
Investor presentation of Sweden's sovereign green bond
In this presentation, you can listen to Hans Lindblad, Director General of the Debt Office; Anna Sjulander, Acting Head of Debt Management at the Debt Office; Per Bolund, Minister for Financial Markets and Housing; and Åsa Knudsen Sterte, Deputy Director at the Ministry of Finance.
Investor presentation: Sweden's sovereign green bond (link to Youtube)
Presentation in PDF-format