BofA Merrill Lynch Global Research announced the October 30 launch of the BofA Merrill Lynch Green Bond Index (ticker GREN). The index is designed to track the performance of debt issued by quasi-governments and corporations where the proceeds of the issue are to be used solely for projects and activities that promote climate or other environmental sustainability purposes. Development of the index has been driven by the growth of interest in this market segment following a recent surge in issuance and expectations for significant issuance to come.
BofA Merrill Lynch Global Research Launches Green Bond Index | Bank of America Newsroom
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