Poland to Weigh Green Bond Potential After €1.2 Billion Sale

Poland should continue to look at green bonds as a means of financing over the longer term after selling its first such securities in more than six years, according to the country’s debt chief.

The Finance Ministry sold €1.2 billion ($1.4 billion) in 12-year securities this week, seizing on “good market conditions” and “increased investor demand,” Karol Czarnecki said in a phone interview. Proceeds will be used mostly on energy efficiency, clean transportation and renewable sources, he said, adding that the instruments will be further assessed.