World Bank pandemic bond still weeks away from trigger

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World Bank pandemic bond still weeks away from trigger

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People wear face masks to protect themselves from Coronavirus at the central bus station of Brasilia, Brazil, on March 20, 2020. (Photo by Andre Borges/NurPhoto) | Andre Borges/NurPhoto/PA Images

The pandemic bond issued by the World Bank still has one more hurdle to clear before triggering and releasing funds for use by countries struggling with the coronavirus. But it will still take a couple of weeks at least to reach that point.

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