Liaw, Kwoloong Thomas - In: Journal of Risk and Financial Management 13 (2020) 9, pp. 1-12
issuers. Our survey of academic literature indicates that most papers show the yield of a green bond is lower than that of the … equivalent conventional bond at issuance (also known as green premium or greenium). However, green bond pricing studies by … selections, time periods, methodologies, and the properties of the respective issuing entity and the bond. In addition, we …