January 31, 2018 / 1:18 PM / 18 days ago

German bank KfW issues green bonds worth SEK 6 billion

LONDON, Jan 31 (Reuters) -

* German state bank KfW has issued two green bonds with a total value of SEK 6 billion ($766 million)

* An SEK 5 billion green bond was issued last Friday with a maturity of 10 years, just days after an SEK 1 billion green bond with a maturity of 5 year, the bank said

* Green bonds help raise funds for projects such as renewable energy, energy efficiency and low-carbon transport

* “We look forward to broadening out our investor base with green bonds in different currencies,” said Petra Wehlert, head of capital markets at KfW (Reporting by Nina Chestney; editing by Jason Neely)

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