Green Bond Fact Sheet

This fact sheet from the Climate Bonds Initiative details a USD 1.4 billion green covered bond issued by BPCE SFH SA (Groupe BPCE) on May 27, 2020, to finance eligible green mortgage loans for green buildings.

• BPCE SFH SA (Groupe BPCE) issued a green covered bond on May 27, 2020, with a total amount of USD 1.4 billion and a maturity date of May 27, 2030.
• The proceeds from the bond are dedicated to financing eligible green mortgage loans for green buildings, with eligibility determined by carbon efficiency targets and specific building certifications as defined in the company's Methodology Note for Green Bonds/Green Buildings.
• This issuance is the first covered green bond for BPCE and the first issued under the group's green building methodology published in March 2020.
• The bond is the second covered bond from France and contributes to a total of USD 2.2 billion in green covered bonds issued by the country, placing France third in terms of volume for this instrument.
• The bond achieved a credit rating of AAA from both S&P and Moody's, with a coupon of 0.01% and a yield of 0.053%. The deal was 5.12 times covered.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-05_FR_Groupe_BPCE.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-05_FR_Groupe_BPCE.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=1 June 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-05_FR_Groupe_BPCE.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2020-05_FR_Groupe_BPCE.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }