Green and Social Bond Bulletin​

June 5, 2025

Welcome to Green and Social Bond Bulletin.

For another month, we are back with the latest Green, Social and Sustainable Bonds news, a summary of the most recent transactions and market statistics. Enhance your ESG strategy with our professionals’ knowledge. If you would like more information, please do not hesitate to contact us.

 

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Iberdrola issues first green bond under EU standard

Iberdrola has issued a €750 million ($843 million) 10-year green bond, which it claims is the first to meet both the new EU Green Bond Standard (EU GBS) and the Green Bond Principles administered by the International Capital Market Association (ICMA).

KfW sails past $100bn green bond milestone amid upsized 2025 plans

KfW has now crossed the $100 billion green bond issuance milestone after a €4 billion ($4.5 billion) deal, with the German development bank expecting to surpass its initial €10 billion green bond fundraise target in 2025.

TOP DEALS

ING
(Baa2 / BBB / A- )

EUR 1.25 Bn
Subordinated Green Tier
[BBVA was Bookrunner.]

Junta de Andalucía
(Baa2 / A- / A-)

EUR 500 Mn
Sustainable Bond
[BBVA was Bookrunner.]

Iberdrola
(Baa1 / BBB+ / BBB+ )

EUR 750 Mn
Green Bond
[BBVA was Bookrunner.]

Junta de Castilla y León
(Baa1 / – / – )

EUR 500 Mn
Sustainable Bond
[BBVA was Bookrunner.]

 

More info about the top deals here

Green, Social & Sustainable Bond Issuance Stats

ESG Bond primary market breakdown

ESG-Labeled Bond issuance history

Selected ESG-Labeled Bond Issuance | Recent Deals

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