#WORLD_BANK (#CASHING_OUT?) launches '#Pandemic_Bond' to Tackle Major Outbreaks | LONDON (Reuters) | “If a #TRIGGER?.. event occurs?.. instead of repaying the bond in full, some or all of the principal is transferred to the PEF trust fund,” Bennett said. “So essentially the #investors are acting like #INSURANCE_COMPANIES??”
https://www.reuters.com/article/us-global-pandemic-insurance-idUSKBN19J2JJ
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#INSURANCE_COMPANIES #investors #TRIGGER #Pandemic_Bond #CASHING_OUT #WORLD_BANK
#BIG_FINANCE | MEMORY LANE | #WORLD_BANK (#CASHING_OUT?) launches 'Pandemic_Bond' to Tackle Major Outbreaks | LONDON (Reuters) | “If a #TRIGGER?.. event occurs?.. instead of repaying the bond in full, some or all of the principal is transferred to the PEF trust fund,” Bennett said. “So essentially the #investors are acting like #INSURANCE_COMPANIES??”
https://www.reuters.com/article/us-global-pandemic-insurance-idUSKBN19J2JJ
Disclaimer: DavidV.TV and/or its owners (Tastingtraffic LLC) are not affiliates of this provider or referenced image...
#INSURANCE_COMPANIES #investors #TRIGGER #CASHING_OUT #WORLD_BANK #Big_Finance