Green Debt Is Adding Market Share Even as Returns Lagged
- ESG bonds seeing greater level of over-subscription: Barclays
- Many investors buyers have guidelines that favor ESG
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Green bond issuance is holding up better than plain vanilla debt this year, down just 3% compared with a 19% drop for standard bonds, according to Bloomberg data.
The resilience is notable considering that green bonds underperformed traditional issues in each of the first six months, a trend that only reversed in July.