Liaw, Kwoloong Thomas - In: Journal of risk and financial management : JRFM 13 (2020) 9/193, pp. 1-12
Green bonds are similar to conventional bonds but are specifically earmarked to raise money to finance climate or environmental projects. There have been anecdotes of green bonds being priced tighter than similar conventional bonds by the same issuers. Our survey of academic literature indicates...