Treasury and Finance Ministry holds auction for domestic markets to issue 5-year CPI-indexed government bonds
Terna Energy Finance, the financing arm of Terna Energy, will launch a tender on Oct. 16 for a green bond loan of up to 150 million euros, it said on Monday.
The offer for the seven-year bond will end on Oct. 18, it said.
A source at Terna Energy said that about 90 million euros from the bond will be used to build a wind park in Greece and to buy one in the United States.
A raft of developing countries are considering selling bonds earmarked for environmental projects, potentially accelerating growth in a market seen as crucial to efforts to keep global temperatures in check.
France and Poland have in recent months become the first sovereigns to issue 'green' bonds, previously the domain mainly of development banks and companies.
Greece plans to reopen its recent three- and five-year bond issues in the next two weeks, to top them up by as much as 1.5 billion euros, accepting treasury bills as payment instead of cash, a senior government source told Reuters on Monday.
The debt exchange is aimed at improving the functioning of the secondary bond market, boosting liquidity and tightening spreads.