Green Bond Fact Sheet
Summary
This fact sheet details a EUR 1 billion green covered bond issued by SpareBank 1 Boligkreditt on January 30, 2018, which was the largest covered green bond at the time of issuance.
Key insights
- SpareBank 1 Boligkreditt issued a green covered bond on January 30, 2018, with a total amount of EUR 1 billion (USD 1.24 billion) and a maturity date of January 30, 2025. The bond was 1.7 times oversubscribed, with 60% of investors being SRI investors.
- The bond is certified under the Low Carbon Buildings (Residential) Criteria of the Climate Bonds Standard, with verification provided by Multiconsult. The certification utilizes a proxy for the Norwegian residential market requiring an EPC C label for houses and apartments, Building codes 2007 (TEK07) for houses, and Building codes 2010 (TEK10) or 2017 (TEK17) for apartments (unless TEK07 apartments have an EPC label of C or higher).
- The issuer is a Norwegian covered bond issuer whose pool consists of high quality single family Norwegian residential mortgages. The bond is described as the largest covered green bond to date.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-01%20NO%20SpareBank%201%20Boligkreditt(2).pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-01%20NO%20SpareBank%201%20Boligkreditt(2).pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 January 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-01%20NO%20SpareBank%201%20Boligkreditt(2).pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2018-01%20NO%20SpareBank%201%20Boligkreditt(2).pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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