ESG bond and loan proceeds to rise in 2024 on lower rates
Infrastructure spending on energy transition projects by South-east Asian governments and corporates could also push bond and loan proceeds higher
WITH the United States Federal Reserve signalling that it may be turning dovish – and thus that lower interest rates may be on the way – some sustainable finance analysts expect sustainability-related bonds and loan proceeds to rise accordingly in 2024.
New types of debt labels or issuance structures may also emerge in South-east Asia as the market matures.
In addition to lower rates prompting new bond issues, Clifford Lee, global head of fixed income at DBS, points out another factor driving up overall issuance: increased reissuance volumes.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
ESG
HSBC asked by US$890 billion investor group to set energy goal
Barclays is the latest firm to face anti-ESG wrath in Oklahoma
EU, ISSB agree on minimising overlaps in company climate disclosures
Family businesses must lead the way in sustainability: TPC’s Chavalit Frederick Tsao
Australia grants feasibility licences for offshore wind farms
Asset owners can’t afford to sidestep sustainability