EIB plans EUR1 billion green bond issue

The European Investment Bank (EIB) is to launch a EUR1 billion bond linked to an index of environmentally sound companies in order to raise money to invest in renewable energy and energy conservation.

The five-year European Public Offering of Securities (EPOS 2) bond will be the first to be offered to retail and institutional investors in all 27 European Union member states. The return at maturity will be based on the newly created FTSE4Good Europe 40 index, comprising companies in the FTSE's