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Issuance of Eco-friendly, Social, and Sustainability GSS bonds in ASEAN got to a record high of $12.1 billion in 2020, noting a 5.2% year-on-year rise, according to a record by the Environment Bonds Campaign, supported by HSBC.

The GSS market structure showed a significant difference from previous years while eco-friendly labelled debt continues to dominate, sustainability bonds rose in prominence.

Singapore stayed the leader of GSS issuance in 2020, said the report, standing for 53% of the region’s issuance. Thailand as well as Indonesia also experienced considerable development.

ASEAN’s growth prospects are uncontested as well as in spite of the unprecedented circumstances in 2020, the market proved its strength as well as …

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