Barbados issues world’s first pandemic-protected bond

0 111 Less than a minute

LONDON, (Reuters) – Barbados has issued the world’s first government bond with a clause allowing payments to be suspended in the event of another global pandemic, a move expected to attract interest from dozens of other countries savaged by the COVID-19 crisis.

The article Barbados issues world’s first pandemic-protected bond appeared first on Stabroek News.