bond prices in general also drive prices for green bonds. It is worth pointing out, however, that the degree of …

of green bonds, which issued green bonds over the period 2017-2021. Using the Poisson fixed-effects models we find that … issuance. Issuers of green bonds prefer longer maturity. Thus, governments can promote green bonds by stimulating demand for … them from long-term investors such as pension funds. The issuance of green bonds in EURO, USD, CNY, JPY, SEK currencies has …

We examine the novel phenomenon of sustainability-linked bonds (SLBs). These bonds’ coupon is contingent on the issuer …-sustainable counter-factuals by matching bonds from the same issuer. Our results suggest that issuing an SLB yields an average premium of …