Asia social bonds ready to bloom as IBK picks banks

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 ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial