IFFIm taps Nokkie for Covid-19 vaccine bond

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By Frank Jackman
25 Jun 2020

The International Finance Facility for Immunisation (IFFIm) sold its second Norwegian kroner vaccine bond on Thursday, following a donor pledge from the Norwegian government.

The issuer printed a Nkr1.7bn ($176m) April 2030 zero coupon amortising bond through Crédit Agricole and SEB.

The leads opened books on Wednesday morning Hong Kong time, having already attracted more than Nkr1.5bn in indications of interest. The deal was priced the next day at 94.92 for a spread ...

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