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Japan Housing Finance to issue ¥10B in green bonds

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Japan Housing Finance to issue ¥10B in green bonds

Japan Housing Finance Agency is issuing ¥10 billion in green bonds, the first green bond in Japan aimed at mortgage loans for energy-efficient houses.

The green bonds have a tenor of 20 years. Proceeds from the offering will be used for newly constructed Flat 35S-compliant houses, which are energy efficient.

Nomura Securities Co. Ltd. is underwriting the offering.

As of Jan. 11, US$1 was equivalent to ¥108.36.