IIX uses Covid label for new gender bond

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 ...Already a subscriber? Login