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London Markets: Investors snap up first U.K. government green bond at a ‘greenium’

Bond investors on Tuesday tripped over themselves to land the first U.K. green bond.

The U.K. gilt yielding 0.875% maturing in 2033 had over £100 billion ($137 billion) of orders for the £10 billion issue, and priced at 7.5 basis points over the 2032 gilt, according to Reuters.

The U.K. said it will allocate proceeds to expenditures that meet…

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