Overseas buyers jostle with locals for sustainable housing bonds
Overseas buyers jostle with locals for sustainable housing bonds Save Share The federal government push to establish housing bonds as an asset class catering to a wide range of investors took a step forward on Friday after a round to sell $343 million-worth of 15-year sustainability bonds was two times oversubscribed. The bonds, the longest-dated securities issued to date by the National Housing Finance and Investment Corporation and the first to meet recognised environmental sustainability hurdles, will fund development of an 1100-home mixed-tenure Victorian project awarded earlier this mont...