Client coverage will expand in the U.S. where the fixed income network has grown in the past 18 months.
The update of the Social Bond Principles accompanies a surge of issuance addressing COVID-19.
ICMA said participants resorted to voice trading when the market became too volatile and illiquid.
MTS BondsPro volume from emerging markets more than doubled from 2018 to 2019.
The Eurobond market is attracting more investors in Asia with a need for diversification and liquidity.
Demand for emerging market green bonds should increase over time as the market deepens.
Social bond volume was a record in the first quarter.
EM volume rose to a record in the first quarter.
This agreement paves the way for collaboration in areas such as overseas issuance of Chinese bonds and ETFs.
