Anonymous ID: 7c647d Feb. 20, 2020, 1:06 a.m. No.8192993   🗄️.is 🔗kun   >>3005 >>3048

World Bank pandemic bonds are a failure and expected to tank

FEBRUARY 19, 2020 / 12:17 PM / UPDATED 15 HOURS AGO

World Bank pandemic bond under pressure as coronavirus spreads

Karin Strohecker

5 MIN READ

 

LONDON (Reuters) - A World Bank bond designed to deliver funding to help the world’s poorest countries to tackle fast-spreading diseases has lost half its value as the coronavirus outbreak in China has fanned fears that investors could face hefty losses.

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https://archive.is/BgI9t

https://www.reuters.com/article/us-china-health-worldbank-pandemic/world-bank-pandemic-bond-under-pressure-as-coronavirus-spreads-idUSKBN20D2HI