COVERED BONDS AND THE TRANSITION TO A SUSTAINABLE ECONOMY

Issuers want to get more of them into the market. Investors can't get enough of them. And policymakers try to facilitate their growth. We are of course talking about the promisingly growing segment of sustainable covered bonds. The authors take a close look at its current developments and come to a cautiously optimistic conclusion. Among other factors, sustainable issuances may benefit from the ongoing normalization in monetary policy and rising interest rates. At the same time, upcoming …