Backers expect the issuance will be in hot demand by local and offshore investors and could top out at $1 billion-plus.
Aussie fund managers are gearing up to back the Federal Government’s highly watched first green bond as a global deal roadshow makes its way onto calendars. The bond wasBetashares responsible investments director Greg Liddell told Street Talk the ETF house is eager to participate in the bookbuild and feature the bond in an array of its funds.
Backers expect the issuance will be in hot demand by local and offshore investors and could top out at $1 billion-plus, although the government is yet to put a figure on things. Pricing is expected to be in line with other 10 year bonds issued by the government.
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