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CEB issues USD 500 million Social Inclusion Bond

03 juin 2021

Paris – The Council of Europe Development Bank (CEB) concluded today a USD 500 million 3-year global Social Inclusion Bond. The CEB made use of its Social Inclusion Bond framework for the second time since April in order to support social investments across Europe.

In line with the Social Inclusion Bond Framework, the proceeds of the bond will finance projects with a high social added value in one or several of the following categories: social housing, education, job creation and preservation in micro, small and medium-sized enterprises, and healthcare. 

The issuance attracted a wide range of socially responsible investors, with a particularly strong interest from Official Institutions who took up almost two-thirds of the total allocation.

As with previous issuances under the Social Inclusion Bond framework, the Bank will publish in a year’s time an impact report on the proceeds of the bond.

CEB Governor Rolf Wenzel said: “Building on the momentum of recent years, we are pleased to be continuing our very successful programme with this new Social Inclusion Bond. Supporting sectors such as health and employment is even more important now, against the backdrop of the pandemic and ongoing efforts to bolster recovery from the crisis. As always, we will be providing full, transparent information on the use of the proceeds.”

For full technical details of the transaction please click here.

Fondée en 1956, la CEB (Banque de Développement du Conseil de l'Europe) compte 42 États membres, dont 22 pays d'Europe centrale, orientale et du Sud-Est formant les pays cibles de la Banque. En tant qu'instrument majeur de la politique de solidarité en Europe, la Banque finance des projets sociaux en mettant à leur disposition des ressources levées dans des conditions reflétant la qualité de sa notation (AA+ auprès de Fitch Ratings, perspective positive, AAA auprès de Standard & Poor's, perspective stable et Aa1 auprès de Moody's, perspective stable). Elle accorde des prêts à ses États membres, à des établissements financiers et à des autorités locales pour le financement de projets dans le secteur social, conformément à son Statut.