National Australia Bank (NAB) has issued an Australian residential mortgage-backed bond with a green tranche that has been certified by the Climate Bond Initiative, an Australia first.
NAB has issued the Class A1-G Notes, which have been certified by the CBI as meeting the Low Carbon Buildings criteria. The Class A1-G Notes were part of the larger $2 billion Residential Mortgage Backed Securitisation, National RMBS Trust 2018-1.
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