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.
TRENDING NOW
Haidilao co-founder’s family buys second bungalow in Cluny Hill for S$85 million
Executive assistants making US$100,000 a year are losing jobs to AI
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
‘Even a CEO’s job can be replaced by AI’: DBS CEO Tan Su Shan bets big on agentic AI