XF-5S1FTEM-X Sovereign Green Bonds: A Catalyst for Sustainable Debt Market Development?
Abstract
BIS Working Papers No 1198 Sovereign green bonds: a catalyst for sustainable debt market development? by Gong Cheng, Torsten Ehlers, Frank Packer and Yanzhe Xiao Monetary and Economic Department July 2024 JEL classification: H63, O16, Q01, Q50 Keywords: Green bonds, sustainable bonds, sovereign debt, taxonomies, green verification, bond market development BIS Working Papers are written by members of the Monetary and Economic Department of the Bank for International Settlements, and from time to time by other economists, and are published by the Bank. The papers are on subjects of topical interest and are technical in character. The views expressed in them are those of their authors and not necessarily the views of the BIS. This publication is available on the BIS website (www.bis.org). © Bank for International Settlements 2024. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISSN 1020-0959 (print) ISSN 1682-7678 (online) Sovereign green bonds: a catalyst for sustainable debt market development?1 Gong Cheng2 Torsten Ehlers3 Frank Packer4 Yanzhe Xiao 5 June 2024 Abstract: In traditional bond markets, sovereign bonds provide benchmarks and serve as catalysts for corporate bond market development. Contrary to the usual sequence of bond market development, sovereign issuers are latecomers to sustainable bond markets. Yet, our empirical study finds that sovereign green bond issuance can have quantitative and qualitative benefits …
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Issuers Discussed
Bond issuers referenced in this paper that have documents in the registry.
Cites (24)
Works cited in this paper's bibliography that are themselves in the XFID registry.
- How Large is the Sovereign Greenium? (2023) Abstract
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People Cited in This Document
- Torsten Ehlers author Bank for International Settlements
- Yanzhe Xiao author Bank for International Settlements
- Frank Packer author Bank for International Settlements
- Gong Cheng author Bank for International Settlements
How to Cite This Record
Use the XFID in citations to create a stable, permanent reference that resolves to this registry entry regardless of the source URL.
Bank for International Settlements (Working Paper) (2024). Sovereign Green Bonds: A Catalyst for Sustainable Debt Market Development?. XFID: XF-5S1FTEM-X. Retrieved from https://xframework.id/XF5S1FTEMX
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