Story perspectives

Global GSS Bonds Hit $1 Trillion Amid Market Shift

7/4/2025

37 5

Summary

Story summary

Global GSS bond issuance reached over $1 trillion in 2024, marking a 3% increase from 2023, though its total fixed income share dropped to 2.2%.
Emerging markets experienced a 14% decline in GSS bond sales, largely due to decreased issuance from China.
GSS bond penetration in emerging markets surpassed 5%, with clean energy investments increasing by over 70% since 2018.
The market is diversifying, transitioning from green bonds to sustainability bonds, while social bond sales have stabilized post-COVID-19.

1 of 1

Story summary

Global GSS bond issuance reached over $1 trillion in 2024, marking a 3% increase from 2023, though its total fixed income share dropped to 2.2%.
Emerging markets experienced a 14% decline in GSS bond sales, largely due to decreased issuance from China.
GSS bond penetration in emerging markets surpassed 5%, with clean energy investments increasing by over 70% since 2018.
The market is diversifying, transitioning from green bonds to sustainability bonds, while social bond sales have stabilized post-COVID-19.