Commentary

COVID-19 Linked Funding Expanding Social and Sustainability Bond Market

Sovereigns, Sub-Sovereign Governments, Supranational Institutions

Summary

As the global financial markets respond to the unprecedented situation created by the Coronavirus Disease (COVID-19), the market for social and sustainability bonds is expanding. Investors interested in these products will likely be inundated with opportunities as issuers look to fund areas affected by the pandemic. While the market for green bonds has long been the leading market for bond issuance related to environmental, social, and governance, we expect to see an increase in interest in social and sustainability bonds from both issuers and investors. Read more in the commentary below.