Taiwan's market for green and social-purpose bonds is running behind last year's pace, though officials still expect to hit their annual goal.

• Sustainable bond sales in Taiwan have reached about 70% of the full-year target, with a push to cross the next round-number milestone in August.
• Green bonds make up the bulk of the issuance, with smaller amounts raised through sustainability bonds and social bonds.
• Issuers so far include Taiwan Mobile, Standard Chartered, Chunghwa Post-style municipal borrowers such as the Kaohsiung city government, plus SinoPac and Mega banks.
• Sales are slower than last year because interest rates are high and a hot stock market is pulling money away from bonds.
• Regulators want Taiwan's bond market to compete better internationally, so proposals are coming to make issuing and trading easier.

Outlook: Bond sales should pick up in the coming months if issuers file on schedule, but stocks will keep competing for the same money.