Prado, MelissaMendonça, Carolina Mesquita Teives2023-07-282023-07-282023-01-112022-12-16http://hdl.handle.net/10362/155922This paper studies the existence of a green premium in the primary and secondary market using French corporate green bonds. We find that, while the yields of green bonds are on average lower than the yields of conventional bonds in the primary market, the results are not statistically significant. On the other hand, on the secondary market we find that green bonds trade tighter than non-green bonds. When splitting in rating groups, we find that A rated green bonds trade higher than conventional bonds.engGreen bond premiumGreen bondsSustainable financeCredit ratingmaster thesis203312210