Green Bond Fact Sheet

This fact sheet details a SEK 5.2 billion green covered bond issued by Landshypotek Bank on May 25, 2018, marking the first green covered bond and the largest bond from Sweden. The proceeds are primarily used to finance sustainable forestry with FSC and/or PEFC certification, as well as wind, solar, and energy-efficient buildings.

• Landshypotek Bank issued a green covered bond on May 25, 2018, totaling SEK 5.2 billion (approximately USD 605.1 million) with a five-year tenor and a maturity date of May 25, 2023.
• The issuance is identified as the first green covered bond and the largest bond originating from Sweden.
• Proceeds are allocated to sustainable forestry certified by FSC and/or PEFC, as well as solar and onshore/offshore wind assets. The framework also covers green buildings with an Energy Performance Certificate (EPC) of class A or B, requiring at least 25% less total energy use per heated square meter than Swedish National Building regulations, or retrofits achieving at least 30% energy use improvement.
• The Green Bond framework received a "dark green" rating from CICERO. The bond was priced with a 6 basis point saving compared to the expected pricing of a corresponding non-green deal from the issuer.
• Landshypotek Bank will provide annual public reports on its website regarding the allocation of proceeds and the aggregated annual absorption of greenhouse gases (GHGs), with annual reviews conducted by its internal risk management department.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-05%20SE%20Landshypotek%20Bank%C2%A0.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-05%20SE%20Landshypotek%20Bank%C2%A0.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=25 May 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-05%20SE%20Landshypotek%20Bank%C2%A0.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 = may, url = {https://www.climatebonds.net/files/drupal-files/files/2018-05%20SE%20Landshypotek%20Bank%C2%A0.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }