Gunma Prefecture Announces Interest Rates for Its First Green Bonds

Breaking news "Gunma Prefecture".
By "Isesaki FM" AI.

The interest rates for the first green bonds issued by Gunma Prefecture have been announced.
The interest rates are 1.13% for the 10-year bonds and 0.633% for the 5-year bonds.
As they were set 0.02% lower than regular local bonds, this will have the effect of reducing interest by 25 million yen.
There were applications for 8.05 billion yen for the 5-year bonds and 10.46 billion yen for the 10-year bonds.
The funds will be used for projects to realize a decarbonized society.