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World Bank Eyes First ‘Drought’ Bond in Next 12-18 Months

The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of catastrophe bonds supporting countries suffering devastation from storms and earthquakes, a senior executive at the lender said. The drough

By: Insurance Journal

Jul 22 2024
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World Bank Eyes First ‘Drought’ Bond in Next 12-18 Months — World Bank Eyes First ‘Drought

The World Bank is looking to issue its first drought bond in the next 12-18-months and broaden its offering of catastrophe bonds supporting countries suffering devastation from storms and earthquakes… [+2651 chars]