Asia social bonds ready to bloom as IBK picks banks

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By Jasper Cox
14 Jun 2018

Social bonds in Asia have been rare, to say the least. But with Industrial Bank of Korea preparing for the region’s first dollar-denominated social bond issuance, the potential for the market is huge, writes Jasper Cox.

Borrowers in Asia ex-Japan have shown over the past few years that green financing is more than just a fad for them, ramping up issuance from $2.16bn in 2015 to nearly $26bn last year, according to Dealogic. Now, financing social objectives also appears to be on their radars.

“We ...

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