Social Bonds Introduction
Keith Mullin
35 years: Capital markets editorial
In the introductory video to this social bonds series, Keith defines a social bond and discusses their different applications. He further outlines the development of the social bond market along with the key challenges the market faces today.
In the introductory video to this social bonds series, Keith defines a social bond and discusses their different applications. He further outlines the development of the social bond market along with the key challenges the market faces today.
Social Bonds Introduction
10 mins 41 secs
Labelled social bonds finance or refinance projects intended to offer target populations opportunities for social and economic betterment and improved wellness. Eligible use-of-proceeds can span multiple sectors, so the social bond market has a wider group of potential issuers than the green bond market. Labelled social bonds have experienced a meteoric rise in 2020 as Covid-19 created large-scale need to fund public-health projects and economic fallout quickly.
Key learning objectives:
Describe labelled social bonds
Identify the areas social bonds have been issued to finance
Identify who issues social bonds
Understand how social bonds differ from conventional bonds
Understand how big the social bond market is
Outline some key challenges to the social bond market
Keith Mullin
16:06
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