Second, development of corporate bond markets will facilitate direct funding of infrastructure investment. Infrastructure projects, because of their long-term nature, are prone to unexpected shocks. If both bond issuance and bank loans are available, the stability of funding for such projects will presumably be enhanced. Unfortunately, Asian corporate bond markets are far from fully developed.
Reserve Bank confirms green bond investment. [Press release] 12 The Aotearoa Circle Sustainable Finance Report  13 Reserve Bank of New Zealand. (2019e). Council of Financial Regulators sets work priorities for 2020. 10  Engagement (Whanaungatanga) The third and final part of building our Te Ao Māori capability is through engagement – both in person and with the economic data on the Māori economy.