addition to the directly targeted bonds, also the green bond segment. Via a standard difference-in-differences model we …

The green bond market has grown strongly in recent years, especially in the euro area. With regard to the European … rapidly evolving green bond market. In addition, the effect of ECB bond purchases on yields under the corporate sector … purchase program (CSPP) and the pandemic emergency purchase program (PEPP) is examined. The analysis shows that ECB bond …

Using large panel data of public and private firms, this paper dissects the growth of bond financing in the Euro Area … through the lens of the cross-section of issuers. In recent years, the composition of bond issuers has shifted, with the entry …, holdings of ‘buy-and-hold’ bond investors are large in aggregate but small for weaker issuers. Nevertheless, the bond investors …

Using large panel data of public and private firms, this paper dissects the aggregate growth of bond financing in the … Euro Area. It considerably broadened firms' access to funding, but can also lead to new risks. The composition of bond … to higher leverage and interest rates. Moreover, holdings of stable `buy-and-hold' bond investors are large in aggregate …

The rise of bond financing in EuropeUsing large panel data of public and private firms, this paper dissects the growth … of bond financing in the Euro Area through the lens of the cross-section of issuers. In recent years, the composition of … bond issuers has shifted, with the entry of many smaller and riskier issuers. New issuers invest and grow, instead of …

1 Introduction -- 2 Towards a European Green Bond Standard: A European initiative to promote sustainable finance -- 3 … Member States sovereign green bond issuance and the development of local green bond markets in the EU -- 4 Issuing a green … bond – a practical perspective -- 5 Issuing green bonds without a Green Bonds Regulation: Canadian experiences -- 6 The …