Green bonds likely to be part of Finland's 6.5b-euro financing plan

Helsinki

FINLAND'S Municipality Finance, the unit that gets debt funding for the local government sector, is looking into packaging funding projects so that investors can buy into green bonds.

Should MuniFin go ahead with the plan next year, it would mark Fin-land's first green bond offering, according to data compiled by Bloom-berg. The sale would form part of MuniFin's 6.5 billion-euro (S$10 billion) funding target for 2016, according to Esa Kallio, its executive vice-president and head of capital markets.