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#TIL on Money Mind: Pandemic Bonds

04:11 Min
Pandemic bonds are a type of catastrophe bond - bonds tied to events like typhoons and earthquakes, designed to trigger under specific conditions. World Bank-issued pandemic bonds could eventually pay out as much as US$195.8 million for COVID-19. How do they work?
Pandemic bonds are a type of catastrophe bond - bonds tied to events like typhoons and earthquakes, designed to trigger under specific conditions. World Bank-issued pandemic bonds could eventually pay out as much as US$195.8 million for COVID-19. How do they work?

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