Liquidity Risk and Yield Spreads of Green Bonds
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- Wulandaria, Febi & Schäfer, Dorothea & Stephan, Andreas & Sun, Chen, 2018. "Liquidity risk and yield spreads of green bonds," Ratio Working Papers 305, The Ratio Institute.
References listed on IDEAS
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Cited by:
- Hammer, Thomas & Siegfried, Patrick, 2021. "Financial Management. Green Bonds – Success or Failure?," MPRA Paper 111394, University Library of Munich, Germany.
- Piñeiro-Chousa, Juan & López-Cabarcos, M.Ángeles & Caby, Jérôme & Šević, Aleksandar, 2021. "The influence of investor sentiment on the green bond market," Technological Forecasting and Social Change, Elsevier, vol. 162(C).
- Ayman Abdalmajeed Alsmadi & Manaf Al-Okaily & Najed Alrawashdeh & Anwar Al-Gasaymeh & Amer Moh’d Al-hazimeh & Abdulrasheed Zakari, 2023. "A Bibliometric Analysis of Green Bonds and Sustainable Green Energy: Evidence from the Last Fifteen Years (2007–2022)," Sustainability, MDPI, vol. 15(7), pages 1-16, March.
- Lebelle, Martin & Lajili Jarjir, Souad & Sassi, Syrine, 2022. "The effect of issuance documentation disclosure and readability on liquidity: Evidence from green bonds," Global Finance Journal, Elsevier, vol. 51(C).
- Adekoya, Oluwasegun B. & Oliyide, Johnson A. & Asl, Mahdi Ghaemi & Jalalifar, Saba, 2021. "Financing the green projects: Market efficiency and volatility persistence of green versus conventional bonds, and the comparative effects of health and financial crises," International Review of Financial Analysis, Elsevier, vol. 78(C).
- Hinsche, Isabelle Cathérine, 2021. "A greenium for the next generation EU green bonds: Analysis of a potential green bond premium and its drivers," CFS Working Paper Series 663, Center for Financial Studies (CFS).
- Wu, Yue, 2022. "Are green bonds priced lower than their conventional peers?," Emerging Markets Review, Elsevier, vol. 52(C).
- Suborna Barua & Micol Chiesa, 2019. "Sustainable financing practices through green bonds: What affects the funding size?," Business Strategy and the Environment, Wiley Blackwell, vol. 28(6), pages 1131-1147, September.
- Gao, Yang & Li, Yangyang & Wang, Yaojun, 2021. "Risk spillover and network connectedness analysis of China’s green bond and financial markets: Evidence from financial events of 2015–2020," The North American Journal of Economics and Finance, Elsevier, vol. 57(C).
- Junxiu Sun & Feng Wang & Haitao Yin & Rui Zhao, 2022. "Death or rebirth? How small‐ and medium‐sized enterprises respond to responsible investment," Business Strategy and the Environment, Wiley Blackwell, vol. 31(4), pages 1749-1762, May.
- Liu, Min, 2022. "The driving forces of green bond market volatility and the response of the market to the COVID-19 pandemic," Economic Analysis and Policy, Elsevier, vol. 75(C), pages 288-309.
- Hyun, Suk & Park, Donghyun & Tian, Shu, 2021. "Pricing of Green Labeling: A Comparison of Labeled and Unlabeled Green Bonds," Finance Research Letters, Elsevier, vol. 41(C).
- Goldstein, Michael A. & Namin, Elmira Shekari, 2023. "Corporate bond liquidity and yield spreads: A review," Research in International Business and Finance, Elsevier, vol. 65(C).
- Li, Quan & Zhang, Kai & Wang, Li, 2022. "Where's the green bond premium? Evidence from China," Finance Research Letters, Elsevier, vol. 48(C).
- Reboredo, Juan C. & Ugolini, Andrea & Ojea-Ferreiro, Javier, 2022. "Do green bonds de-risk investment in low-carbon stocks?," Economic Modelling, Elsevier, vol. 108(C).
- Martin Lebelle & Souad Lajili Jarjir & Syrine Sassi, 2020. "Corporate Green Bond Issuances: An International Evidence," JRFM, MDPI, vol. 13(2), pages 1-21, February.
- Farhad Taghizadeh-Hesary & Naoyuki Yoshino & Han Phoumin, 2021. "Analyzing the Characteristics of Green Bond Markets to Facilitate Green Finance in the Post-COVID-19 World," Sustainability, MDPI, vol. 13(10), pages 1-24, May.
- Rongnan Li & Zhuang Liu & Kai Gan, 2024. "Impact of cities’ issuance of green bonds on local firm performance: evidence from China," Operational Research, Springer, vol. 24(3), pages 1-30, September.
- Martijn Boermans, 2023. "Preferred habitat investors in the green bond market," Working Papers 773, DNB.
- Zerbib, Olivier David, 2019. "The effect of pro-environmental preferences on bond prices: Evidence from green bonds," Journal of Banking & Finance, Elsevier, vol. 98(C), pages 39-60.
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More about this item
Keywords
Green Bond; Liquidity Risk; Yield Spread; Sustainable Investment; Fixed Income Security; Financial Innovation;All these keywords.
JEL classification:
- G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
NEP fields
This paper has been announced in the following NEP Reports:- NEP-ENE-2018-03-26 (Energy Economics)
- NEP-ENV-2018-03-26 (Environmental Economics)
- NEP-MST-2018-03-26 (Market Microstructure)
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