This study aims to investigate the sustainable premium on sustainable bonds issued by companies in Indonesia and the influence of the determinants of yield sustainable corporate bonds in Indonesia during 2020-2023. Amid its abundant issuance, the study found that there was no sustainable premium on sustainable corporate bonds in Indonesia during the period of the research. This happened due to the influence of market conditions during the pandemic Covid-19 and post pandemic Covid-19. However, the trend of yield to maturity’s movement of sustainable bonds annually tend to go down and flat which implies that risk of sustainable bond also declines as it is on post pandemic era. As for ESG risk, bond’s rating, GDP, inflation and bond type are having significant effect on yield to maturity of sustainable bonds, while modified duration and issue terms did not have significant effect on sustainable bonds’ yield
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