increase the likelihood of constructing a pair of matched green and conventional bonds II. Approaching Green Bond Premium THE EVIDENCE ON THE GREEN BOND PREMIUM IN ASIA-PACIFIC AND EUROPEAN MARKETS l Page 11

in Table 5 as well as the pair (16,1) that we use to estimate the composite Gamma. Each pair consists of a scenario that includes the factor in the column heading and corresponding scenario that

instrument trading among dealers. IDB will pair suitable dealers based on their demands while compile bid and offer prices of debt instruments thereby increasing liquidity in the trading activities. In