Green social sustainable bonds hit record issuance in 2023

MainStreet partners reports

Issuance of green social sustainable (GSS) bonds reached a record-high last year, with 3,184 individual bonds coming to market in 2023.

According to MainStreet Partners' fourth-quarterGSS Bonds Market Trend report, the number of GSS bonds launched last year surpassed the "historic" €4trn total amount of issuances record.  However, although $930bn of GSS bond were brought to market in 2023, this marked a 9% annual decline amid the uncertainty of the high inflationary and high interest rate environment of the past 18 months, the firm said. The number of debt issuers also fell over the course of the year by 13%, with 517 first-time GSS bond issuers last year, down from 594 in 2022. Green bonds issuance surpasses $2.5t...