Finance
Record Nordic ESG Bond Sales Mask ‘Worrying’ Concentrations
- Borrowers raised more than 13 billion euros in first quarter
- Sizable contribution from Swedish real estate sparks concern
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Investors in the Nordic region are increasingly having to sacrifice diversification if they want to buy into a sustainable debt boom.
Sweden’s real-estate industry is behind roughly half the country’s traded debt, much of which is issued under a climate-friendly label.