Denmark's new green bond faces lower 'greenium'

The pricing advantage Denmark gets for selling green bonds is set to fall sharply this year, reflecting reduced appetite among foreign and domestic investors for ethical debt.
Christian Kettel Thomsen, governor of the Danish central bank, | Photo: Jens Dresling/Ritzau Scanpix
Christian Kettel Thomsen, governor of the Danish central bank, | Photo: Jens Dresling/Ritzau Scanpix
By Sanne Wass / Bloomberg

Analysts see a so-called greenium of two basis points or less for Denmark’s second green bond, down from the five basis points its debut fetched in an auction in January 2022. The country held an investor call Monday ahead of a syndication for the 10-year offering.

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