Q1 largest ever for green bonds ($16.5bn issuance); BAML leads the top 5 qtrly underwriters league table but remaining 4 spots taken by Chinese underwriters – showing the importance of China in growing GB market
Submitted on Mon, 2016-04-11 13:09Quarter 1 of 2016 saw a remarkable take-off of the green bond market with a total issuance reaching $16.5bn, the largest ever-quarterly amount issued! That's almost a $1bn more than our inital tally.
This fantastic growth is driven in part by China which accounted for over half of all green issuance in the quarter.