---
title: Information Leakages in Bond Market
url: https://www.ml-quant.com/papers/ssrn/5198657/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 5198657
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5198657
featured: 2025-04-02
citations: unknown
topic: Macro-Finance & Rates
---


# Information Leakages in Bond Market

Leaked information about upcoming green bond issues on the Bloomberg Terminal significantly impacts the equity trading dynamics of the issuing firms, resulting in negative abnormal returns and increased trading volumes.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5198657
- Identifier: SSRN 5198657
- Released: 2025-03-28
- First featured: Quant Letter No. 91 (2025-04-02): https://www.ml-quant.com/issues/2025-04-02/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates

## Related

- [Information Leakages in the Green Bond Market](https://www.ml-quant.com/papers/arxiv/2504.03311/): Anonymous leaks on the Bloomberg Terminal about upcoming green bond issues significantly affect the equity trading dynamics of the issuing firms, indicating a strong impact on market behavior that should be considered in green bond studies.
- [Environmental impacts and monetary costs of healthy diets worldwide](https://www.ml-quant.com/papers/arxiv/2505.24457/): Research shows that the cheapest healthy diet worldwide would emit 0.67 kg CO2e and cost $6.95 per day, emphasizing the potential for changes in agricultural policy and food choice to promote healthier and more sustainable diets in a cost-effective manner.
- [Climate-Linked Bonds](https://www.ml-quant.com/papers/ssrn/5091140/): Climate-related bonds issued by governments and international organizations are vital for a net-zero economy, offering investors protection against long-term climate risks and demonstrating government dedication to climate action.
- [Intergenerational Equitable Climate Change Mitigation: Negative Effects of Stochastic Interest Rates; Positive Effects of Financing](https://www.ml-quant.com/papers/arxiv/2312.07614/): A study using the DICE model with variable discount rates shows that current climate change mitigation cost decisions lead to intergenerational inequality, suggesting a revised optimization for better fairness.
- [ESG Controversies in Strategies](https://www.ml-quant.com/papers/ssrn/5189713/): The research incorporates ESG controversy data into equity and corporate bond strategies, suggesting that shorting ESG-controversial firms improves risk-adjusted returns and lowers ESG risk.
- [Climate Risks on Bond Markets](https://www.ml-quant.com/papers/ssrn/5210836/): Research reveals that physical climate risks, inflation rates, and bonds themselves influence risk across bond markets during periods of high volatility.
