Green bond sales drop 19-month low to $24bn amidst tight issuance windows: Bloomberg 

RIYADH: Global sales of green bonds, the largest category of sustainable debt by amount issued, fell to a 19-month low in July. 

According to data compiled by Bloomberg, green bond sales fell to about $24 billion in July from more than $45 billion the previous month. 

This is the lowest since December 2020, when companies and governments issued about $7.7 billion in green debt.

This happened as opportunistic borrowers have also preferred traditional bond offerings that are faster to complete, Bloomberg reported.