IIX uses Covid label for new gender bond

Women work factory electronics industry transition from Adobe 21Sep20 575x375
By Morgan Davis
14 Dec 2020

Asia-based Impact Investment Exchange (IIX) has raised $27.7m from a women's livelihood bond that was linked to the Covid-19 pandemic. Its chief executive and founder explains the deal’s rationale to GlobalCapital Asia.

The bond was the third in a series of women's livelihood bonds that have been sold by IIX. The unrated four year paper, which was printed at 3.95%, was designed to meet 13 of the 17 United Nations Sustainable Development Goals (SDGs).

The social-linked proceeds from the ...

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