Green Bond Fact Sheet

This fact sheet details a EUR 1.5 billion green covered bond issued by DNB Boligkreditt on June 19, 2018, certified under the Low Carbon Buildings (Residential) standard. The proceeds are dedicated to financing Norwegian residential buildings meeting specific national building codes (TEK10 or TEK17) and CBI proxy methodologies.

• DNB Boligkreditt issued a green covered bond on June 19, 2018, with a total amount of EUR 1.5 billion (USD 1.7 billion) and a maturity date of June 19, 2025.
• The bond is certified under the Low Carbon Buildings (Residential) standard, with Sustainalytics serving as the certification verifier.
• Proceeds are allocated to new or existing residential buildings in Norway that adhere to the Norwegian building codes 2010 (TEK10) or 2017 (TEK17), as well as CBI's proxy methodology for Residential Buildings (TEK 2007 for houses and TEK 2010 for apartments).
• DNB Boligkreditt plans to provide annual allocation reports to investors and has engaged Multiconsult ASA to create a methodology for calculating impact, specifically focusing on annual energy consumption/savings (KWh/m2 or MWh) and annual GHG emissions reduced or avoided (tons of CO2 equivalent).
• The issuance is noted as the second Certified Climate Bond from Norway and the largest from Scandinavia to date. According to ING, the deal saw demand exceeding €2 billion from nearly 100 accounts and provided evidence of a "greenium" in the asset class.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-06%20NO%20DNB%20Boligkreditt.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-06%20NO%20DNB%20Boligkreditt.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=19 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-06%20NO%20DNB%20Boligkreditt.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2018-06%20NO%20DNB%20Boligkreditt.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }