Asia finally opens to green bonds as ASE launches debut

By Isabella Zhong
17 Jul 2014

Taiwan’s Advanced Semiconductor Engineering (ASE) trod new ground in Asia's capital markets this week by launching what is being marketed as the region’s first corporate green bond. The asset class is yet to take off in Asia like it has in Europe, but the benefits of investor diversification, pricing and publicity offered by green bonds could see more Asian borrowers exploring the option, writes Isabella Zhong.

Global green bond volumes in the year to date stand at $19.5bn, more than seven times the $2.6bn issued over the whole of 2013, according to Dealogic. But Asia contributed none of this year's 48 issues, while European borrowers have printed 38. European corporate issuers this year include ...

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