green bond returns and volatilities. On the whole, the evidence suggests weaker linkages, and thus a lower degree of …

This paper estimates the preference scores of CoCo bond buyers and sellers by running multinomial logistic regressions … taking into account both bond and issuing banks' characteristics; it also provides evidence on the role of country …−specific CoCo bond market concentration. Buyers are defined as having a preference for CoCo bonds if their return−to−risk is higher …

Over the last decade foreign bond portfolio positions in US dollar assets have risen above the reciprocal US investor … bond positions, which creates a net hedging demand for dollar assets that depreciates USD rates in both the forward and …-nomic uncertainty and the US net foreign bond position in various currencies. Based on a parsimonious VAR model, we find that changes in …