Dataset: Tokenized and Conventional Green Bonds (2021–2025)
Description
This dataset contains 205 green bond issuances (17 tokenized, 188 conventional) issued between 2021 and 2025. Variables include coupon rate, number of exchange listings, credit rating, country, inflation rate, rule of law index, and tokenization status. Data sources: Climate Bonds Initiative, SDX Digital Exchange, HSBC Orion, Obligate, World Bank WDI, World Governance Indicators.
Files
Steps to reproduce
Tokenized green bond issuances were identified from the SDX Digital Exchange, HSBC Orion, Obligate, and the ICMA FinTech registry for the period January 2021 – June 2025. Conventional green bonds were selected from the Climate Bonds Initiative (CBI) database, filtered by issuance date (2021–2025) and issuer type (infrastructure-related entities, including utilities, transport operators, energy companies, and SPVs). Coupon rates and exchange listings were collected from issuer press releases, stock exchange websites, and platform announcements. Credit ratings were obtained from public rating agency data (S&P, Moody's, Fitch) and converted to a 22-point ordinal scale. Inflation data (CPI, annual %) were sourced from the World Bank World Development Indicators (WDI). Rule of Law index values were sourced from the World Governance Indicators (WGI) project. The final dataset was compiled in CSV format with 205 observations and 11 variables.