Pricing the Green Label: Greenium in the European Bond Market - Impact of the EU Green Bond Standard on the Green Premium
This study examines the impact of the European Green Bond Standard on the pricing of green bonds in the European bond market. The EU Green Bond Standard entered into force in December 2023 and its purpose is to enhance transparency and investor confidence by providing a clear framework for green bond issuance. Using a matched sample of 105 green and conventional bond pairs with weekly yield data,
