The EU, aiming to become carbon-neutral by 2050, drew record demand for its first-ever green bond.
The 15-year bond will finance environmentally beneficial projects for EU member states.
It raised 12 billion euros, and received more than 1-hundred-35 billion euros of demand on Tuesday local time.
This makes it the largest green bond launch and the highest level of demand for a green bond sale to date.
EU plans to sell a total of 2-hundred-50-billion-euros worth of its green bond by the end of 2026.