The sale will help enable Europe’s largest economy to build a full yield curve of such securities, the latest step in the development of the fast-growing market.
Europe has emerged as the leader in sustainable debt issuance, surging this year to make up nearly a quarter of all sales in the region.
Germany mandated Bank of America Corp, BNP Paribas SA, Citigroup Inc., Commerzbank AG, DZ Bank AG and HSBC Holdings Plc as joint lead managers for the sale of debt maturing in August 2050.