Reported 9 months ago
As of June 24, 2024, Taiwan's sustainable development bond market has seen vigorous growth, with 190 outstanding issuances totaling NT$555.67 billion. Despite a 23% decline in global sustainable bond issuances last year due to inflation and interest rate hikes, Taiwan's market displayed significant resilience, achieving a 24% increase in 2023. Notably, local governments such as those of Taipei and Kaohsiung are now entering the sustainable bond market, marking a shift in the landscape. Additionally, green and social responsibility bonds are also on the rise, with substantial amounts issued within the year.
Source: YAHOO