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UK DMO appoints structuring advisors for debut green Gilt

UK DMO appoints structuring advisors for debut green Gilt
globalcapital.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalcapital.com Daily Mail and Mail on Sunday newspapers.

UK picks HSBC and J P Morgan to advise on first green gilt

By Reuters Staff 1 Min Read FILE PHOTO: British finance minister Rishi Sunak speaks at the House of Commons in London, January 11, 2021. UK Parliament/Jessica Taylor/Handout via REUTERS LONDON (Reuters) - Britain said on Wednesday it had picked HSBC and J.P. Morgan to advise on the issuance of the country’s first ‘green’ government bond due later this year, after a tendering process. Finance minister Rishi Sunak said on Tuesday that he expected to be able to announce more about the timing of the issuance when he holds his annual budget on March 3. Britain has lagged behind other European countries in issuing the debt, which is intended to finance green investment, and attracts environmentally conscious investors.

UK raises £6 5bn with first 2021 syndication

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