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March 25, 2026ESG & Blue Finance

PSB Oversubscribes $3.5B Sovereign Blue Carbon Bond Series

Official Circular Reference: BLUE-CARBON-BOND-2026 / 001

PSB Oversubscribes $3.5B Sovereign Blue Carbon Bond Series
By: Institutional Wealth Division, Koror, 25 March 2026 – PSB is pleased to announce the successful closing of its latest Blue Carbon Bond issuance. Originally targeted at $2.1B, the offering was oversubscribed by 65%, reaching a final volume of $3.5B. The proceeds are strictly earmarked for the Pacific Marine Conservation Fund, supporting reef restoration and sustainable maritime infrastructure in Palau and the Marshall Islands. Institutional investors cited the bond's tax-neutral yield and its verification via the Pacific Ledger as key factors in the high demand.

Authorized by

Board of Directors
Office of the Fiduciary