- It is the largest sustainable issue launched by this Autonomous Community on the AIAF Market in its history
BME, through the AIAF Market, has admitted to trading a €1.25 billion new sustainable bond issue by the Regional Government of Andalusia. The new bond admitted to listing carries a fixed coupon of 3.45% and matures in April 2036.
This issue is the ninth linked to ESG principles carried out by the Regional Government of Andalusia since April 2021. The total amount of sustainable bonds placed since then reaches €6.6 billion euros. The funds obtained through the issuance by the Regional Government of Andalusia of sustainable instruments are used exclusively for environmental and social projects, in accordance with the eligibility criteria established in its sustainability framework, such as education, health, access to sustainable housing, renewable energies, clean transport, water management, etc.
The financial institutions placing the issue have been BBVA, Banco Santander, CaixaBank, Crédit Agricole CIB, HSBC, and Kutxabank.
BME's fixed income markets currently have around 150 medium- and long-term ESG fixed income issues admitted to trading, amounting to more than €27 billion, in addition to some 30 commercial paper programs with maximum outstanding balances of close to €8.6 billion. Sustainability has spread to the entire range of fixed income products, from commercial paper to complex financing operations for renewable energy or transport infrastructure projects, including traditional bonds, covered bonds, and securitizations.
You can consult all ESG issues registered on BME at this link.