August 2024
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19 Reads
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4 Citations
International Review of Economics & Finance
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August 2024
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19 Reads
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4 Citations
International Review of Economics & Finance
January 2022
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8 Reads
SSRN Electronic Journal
... Our analysis reveals that banks issuing green bonds experience green premiums, as evidenced by significantly lower coupon rates. This aligns with similar findings for manufacturing firms engaged in green innovations, where environmental sustainability is rewarded by the market Kranias et al., 2024). The 2019 policy revision, which clarified the classification of green industries, further reduced coupon rates for these banks and improved their net interest spreads. ...
August 2024
International Review of Economics & Finance