Sovereign social bond

From ACT Wiki
Revision as of 12:47, 23 April 2023 by imported>Doug Williamson (Mend link.)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigationJump to search

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.


See also