Up to US$100b seen in Asia ESG bond issuances
Most of the supply in 2022 is likely to come from Chinese issuers as the country embarks on its ambitious decarbonisation plan, says JPMorgan
Add BT as a preferred sourceDeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
JPMORGAN expects US$90 billion to US$100 billion worth of environmental, social and governance (ESG) bonds in Asia next year, fuelled mainly by Chinese issuers as the country embarks on its ambitious decarbonisation plan.
Asia's ESG US-dollar bond supply is now at a record high, up 189 per cent year on year to US$67.4 billion and accounting for 20 per cent of total bonds supply in the region, fresh data from the bank showed.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Why where you park your joint venture matters: Lessons from a US$689 million shareholder dispute
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Singaporeans can now buy record amount of yen per Singdollar
