Nedbank to list its green bond on the JSE

PUBLISHED: Tue, 30 Apr 2019 15:37:12 GMT

Nedbank will be the first South African bank to list a green bond on the JSE’s green bond segment. The aim of the listing to raise capital for projects that are set to improve the rate of climate change or that are aimed at improving environmental conditions. Joining CNBC Africa to discuss Nedbank’s move to go greener is Bruce Stewart, Head of Debt Capital Market Origination at Nedbank CIB.