Sustainable bond issues hit record high in Q1

Total issuance of green, social and sustainability bonds reached a record high of $264 billion in the first quarter of this year according to Refinitiv.

Green bonds saw the highest issuance of $130 billion followed by social bonds at $91.3 billion and sustainability bonds at $43 billion. Financial institutions issued the most green bonds with 41% of total issuance followed by governments with 21%. In Q1 304 green bonds were issued, up from 212 in Q4 2020 with 51 social bonds and sustainability bonds at 58.