By Caroline Grady 01-04-2020
In: podcasts | Investment Strategy

Pandemic Bonds (The Indicator – Planet Money)

(10 min listen)
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Summary (You can listen to the podcast by clicking here)

Pay out on the World Bank’s pandemic bonds may still be a few weeks away, or may never come at all, as various criteria on the number of poor countries witnessing an outbreak and the pace of the pandemic must be met. But as poor countries may not be testing this red tape risks doing real harm. Meanwhile, investors in the 2017-issued bonds have enjoyed 6-11% annual returns.