Need financing for your public utility projects?
The Public Combo is for you.I’m curious I’m interested
The Public Combo (Public Combined Bond) is a bond with a double positive effect. The capital finances eligible green or social projects. The variable interest rate is linked to an environmental or social index. It is designed to encourage investors to adopt sustainable behaviour.
A city wants to raise €25 million to finance a major waste management line. The city borrows the necessary amount from its citizens. The basic interest rate is set very low. But it increases by 0.5% per year if citizens reduce the production of their waste. The index is based on official, independent and verified data.