HANOI (Bernama-Xinhua): The sustainable bond market in East Asian countries expanded 29.3 per cent in 2023, outpacing the 21 per cent growth of the global and euro-area sustainable bond markets, according to an Asian Development Bank (ADB) report released to the media.
The latest edition of the Asia Bond Monitor said that sustainable bonds in the Association of South-East Asian Nations (Asean) members, China, Japan, and South Korea, collectively as ASEAN+3, reached US$798.7 billion by the end of 2023, accounting for around 20 per cent of global sustainable bonds.
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