World Bank pandemic bond finally triggers

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World Bank pandemic bond finally triggers

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(200415) -- BEIJING, April 15, 2020 (Xinhua) -- Head nurse Sun Chun (C) assigns tasks to nurses before receiving patients infected with the novel coronavirus at Leishenshan (Thunder God Mountain) Hospital in Wuhan, capital of central China's Hubei Province, Feb. 8, 2020. TO GO WITH XINHUA HEADLINES OF APRIL 15, 2020. (Xinhua/Xiao Yijiu) | Xiao Yijiu/Xinhua News Agency/PA Images

The pandemic bond issued by the World Bank, which supports a pandemic financing facility for poorer countries, has now met the conditions to pay out, GlobalCapital understands.

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