Five-year green bonds (Woolworths)

Fast forward to April 2023:

An investor is looking at purchasing one lot of 500 WW Green Bonds (par value = $1,000). Assume that one Green Bond provides a semi-annual payment of $15 and the current yield for similar investments is 4% per annum. How much would the investor need?

Woolworths Group (Woolworths) Woolworths bags A$400 million in five-year inaugural Green Bond Volume: A$400m Total outstanding in the line: A$400m Coupon type: fixed Coupon rate: 2.85% Issue/re-offer price: 99.965% Issue yield: 2.8575% Margin to swap: 120bps/s-q Maturity date: 23 April 2024 New issues for the week ending Friday 5 April 2019, including: ADB, BWP Trust, ECU, Rentenbank Week ending Friday 5 April 2019