DNB Boligkreditt Goes Looking for Size and Gets It

DNB Boligkreditt issued a €1.5bn 10-year green euro-covered bond which attracted €3.0bn in demand.  The issuance follows DNB’s updated Green Covered Bond Framework (September 2020) reflecting the TEG report on the EU Taxonomy and market standards. Green features contributed to the success as DNB was able to benefit from a greenium with preferred pricing.