Ecuador Issues World's First Sovereign Social Bond, With the Support of an IDB Guarantee
January 17, 2020
January 17, 2020
WASHINGTON, Jan. 17 -- The Inter-American Development Bank issued the following news release:
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- The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments
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Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.
The issuance wi . . .
* * *
- The issuance of $400 million will provide access to housing for more than 24,000 families and will mobilize approximately $1.35 billion in investments
* * *
Ecuador has issued a Sovereign Social Bond in the international market for $400 million, becoming the first country in the world to make this type of placement.
The issuance wi . . .