Sovereign social bond: Difference between revisions
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A social bond issued by a state or similar body. | A social bond issued by a state or similar body. | ||
In 2020 the Republic of Ecuador issued the first ever sovereign social bond of USD400 million partially supported by a credit guarantee from the Inter-American Development Bank. | In 2020 the Republic of Ecuador issued the first ever sovereign social bond of USD400 million partially supported by a credit guarantee from the Inter-American Development Bank. | ||
Revision as of 13:49, 26 August 2020
Social bonds.
A social bond issued by a state or similar body.
In 2020 the Republic of Ecuador issued the first ever sovereign social bond of USD400 million partially supported by a credit guarantee from the Inter-American Development Bank.
The proceeds from the issuance were earmarked for housing loans with social and public interest for medium or low-income families.
