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MUFG floats Japan's first green bonds in Aussie dollars

$337m issuance to fund low-carbon buildings and renewables

A solar array farm in Queensland, Australia. MUFG will use proceeds of the bond sale to finance green projects.   © Reuters

TOKYO -- Mitsubishi UFJ Financial Group has become the first Japanese financial institution to issue green bonds denominated in Australian dollars, hoping to attract the Pacific country's more environmentally conscious investors.

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