April 28, 2022
Cash pouring into ESG debt seen suppressing green bond yields
By admin | |
The torrent of cash for anything related to cutting carbon emissions mean green bonds will remain a cheaper source of financing. The greenium will hover around 4 to 5 basis points for the rest of the year. Barclays also found no evidence of green-bond outperformance in the recent debt selloff. ESG bond indexes have underperformed broader gauges.