This week, the Government of Canada successfully priced its sixth issuance of a Canadian-dollar-denominated green bond, raising $2 billion in a new 10-year offering.
This issuance saw robust demand from environmentally and socially responsible investors who represented a majority of buyers (59 per cent). The final order book stood at over $3.4 billion.
Government of Canada green bond issuances support Canada's sustainable finance market by providing a sovereign benchmark for the rest of the market, and high-quality green assets for investors, backed by Canada's AAA credit rating.
Green bonds unlock private capital to speed up projects such as green infrastructure and nature conservation. Green bond projects will grow Canada's economy and create more jobs across the country.
