Department of Finance Canada said Canada successfully re-opens 10-year green bond to raise an additional $2 billion.
These allocation reports will detail the green eligible expenditures funded with the proceeds of each bond, while impact reports outline the environmental benefits of the expenditures and related social impacts where data is available.
This $2 billion re-opening of a 10-year bond is part of a commitment to regular green bond issuances.
The final order book stood at over $3.8 billion.
For readers, the practical point is how federal borrowing is tied to eligible green spending, investor demand, and the cost of financing public programs.