Social, Green and Sustainable Bonds
The SVS Bond Panel is a differential segment designed to promote greater environmental and social responsibility. Marketable securities labeled as SVS are intended to fully or partially finance/refinance projects with social, environmental, or combined benefits.
SVS Bonds
BYMA has developed a guideline and a regulation for the issuance and listing of Social, Green and Sustainable (SVS) Bonds, along with specific rules for listing Trust Securities and/or Units of SVS Closed-end Mutual Funds. These documents have been approved by the National Securities Commission.
This initiative aims to provide the market with a new financing option. It allows issuers, investors and other stakeholders to participate in the objectives set by the Kyoto Protocol and the Paris Agreement to mitigate global warming. Additionally, it promotes greater environmental and social responsibility, aligning with the principles of the United Nations Global Compact.
Types of Bonds
Any company, government, or organization may issue an SVS Bond, provided it complies with the legal and regulatory conditions in force for the marketable securities it seeks to list. Issuing an SVS Bond offers issuers the opportunity to address environmental and/or social issues by financing projects with clear benefits for these areas.
Social Bonds
SBP | Social Bond Principles
The Social Bond Principles (SBP) define Social Bonds as any type of bond where funds will be applied exclusively to finance or refinance, in part or in full, eligible social projects—whether new or existing. These bonds must also align with the four main components of the SBP.
Social projects aim to help address or mitigate a given social problem and/or achieve positive social outcomes, particularly, but not exclusively, for a specific population group.
Green Bonds
GBP | Green Bond Principles
The Green Bond Principles (GBP) define Green Bonds as any type of bond where funds are applied exclusively to finance or refinance, partially or wholly, new or existing eligible green projects that align with the four main components of the GBP.
Separately, the Climate Bonds Initiative defines green bonds as those bonds whose proceeds are earmarked for financing new projects and refinancing existing projects that deliver environmental benefits.
Sustainable Bonds
SBG | Sustainability Bond Guidelines
The Sustainability Bond Guidelines (SBG) define Sustainable Bonds as those where funds are applied exclusively to finance or refinance, wholly or partially, a combination of both green and social projects that align with the four main components of the GBPs (Green Bond Principles) and SBPs (Social Bond Principles). In other words, these bonds combine the characteristics of both Social Bonds and Green Bonds
Bonds issued
Learn more about ESG products
BYMA promotes sustainable finance in the Argentine market through its developments and products, while also undertaking sustainable actions internally and externally.
Corporate Governance Panel
Comprising BYMA-listed issuers who voluntarily adopt Corporate Governance practices.
Sustainability Index
Developed in partnership with the IDB, LSEG Data & Analytics and the Earth Institute at Columbia University.
Voluntary Carbon Market
This market drives the transition to a low-carbon economy by incentivizing investments in clean technologies, renewable energy projects, and other initiatives.
Sustainability-Linked Bond Panel
Comprising bonds whose financial characteristics are linked to the issuer's achievement of sustainability or ESG objectives within a predefined timeline.
