World Bank pandemic bond finally triggers

Jasper Cox

April 17, 2020 04:00 PM

Wuhan_hospital_PA_575x375_170420 — (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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Topics

Responsible Investment Coronavirus SSA Securitization ABS World Bank United States Americas Supras and agencies North America SRI

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Jasper Cox