Green Bonds – Trends and Development Perspectives

Jakub Marszałek, Anetta Kuna-Marszałek

Abstract


The purpose of the article is to identify changes on the green bond market. Using a sample of 1,202 bonds registered in the Thomson Reuters Eikon database, a statistical analysis using correlation measures, a test of signifiance of differences and basic descriptive statistics was carried out. The study finds an increasing share of corporate issuers and an increase in the diversifiation of the purpose of issuance and the currencies in which the bonds are denominated. There is a small correlation between maturity and the offered coupon or YTM. Compared to similar non-green bonds, they are issued for a shorter time, allowing for more flexible management of the investor’s portfolio.

Keywords


green bonds; eco-investments; global market; climate change; ecology

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References


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DOI: http://dx.doi.org/10.17951/h.2018.52.4.39-47
Date of publication: 2019-02-19 12:20:41
Date of submission: 2018-05-08 20:24:56


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Copyright (c) 2019 Jakub Marszałek, Anetta Kuna-Marszałek

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