before the chinese property sector ran into trouble developers had rushed to issue green bonds making them among the most prolific corporate issuers in this fastgrowing corner of global finance but the selloff in china’s propertybond market in recent months and a string of defaults have hammered prices for many of these dollardenominated green or sustainable bonds which finance environmentally friendly or social projects creditors have suffered hefty losses several of the securities now trade at less than 30 cents on the dollar indicating deep skepticism among investors that they will get back anything close to the original value