bond – a practical perspective -- 5 Issuing green bonds without a Green Bonds Regulation: Canadian experiences -- 6 The …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 …

Using an international sample of corporate Green bond issuances over the recent period, this paper highlights the … potential consequences of the issuance of a Green bond on the issuer's financial performance. Starting with a first sample of … 2079 Green bond issuances of 190 unique issuers from 2009 to 2018, we investigate only corporate green bond issuances. Our …

We develop a conceptual framework to understand the incentive structure and pricing mechanisms of Sustainability-Linked-Bonds … overpriced bonds, the stock price reaction at issuance is significantly positive, which is consistent with a wealth transfer from … bond - to shareholders Finally, we document a significant relationship between the mispricing measure and the issuing firms …

This study examines the performance of corporate sustainable bonds. Unlike traditional bonds, the proceeds of … sustainable bonds are utilized for financing projects to bring about environmental and socio-economic benefits. First, we analyse … the market reaction to traditional and sustainable bond issuance announcements. We document that the market reaction to …

The green bond market helps to mobilize financial sources toward sustainable investments. Green bonds are similar to … conventional bonds but are specifically designed to raise money to finance environmental projects. The feature of green bonds is … the existence of greenium, or the lower yield compared to "conventional" bonds of the same risk. The relevance of the …