WebMar 24, 2024 · Cleary advised the Republic of Chile on the $350 million catastrophe bond issue by the International Bank for Reconstruction and Development of the World Bank. WebApr 13, 2024 · The newest issuance, the Chile Cat bond, was the largest single-country catastrophe bond and swap transaction executed by the World Bank and joined another key issuance Jamaica Cat bond in providing financial resilience against disasters. The World Bank has played a pivotal role in mobilizing private capital in these markets while …
World Bank Chile cat bond upsizes to $325mn-$350mn
WebMar 16, 2024 · 16 March 2024 The World Bank has issued a last-minute increase to the size of its catastrophe bond benefiting the Republic of Chile to $325mn-$350mn, which, at … WebMar 29, 2024 · Chile’s earthquake protection came in the form of a $350 million cat bond as well as a $280 million swap contract — where a group of insurance and reinsurance companies will receive payment in exchange for a potential payout should a disaster that falls within certain preset parameters occur. most comfortable wrist abd ankle weights
Hong Kong Exchange lists first catastrophe bond with World Bank …
WebMar 16, 2024 · 16 March 2024 The World Bank has issued a last-minute increase to the size of its catastrophe bond benefiting the Republic of Chile to $325mn-$350mn, which, at the top edge, would be 130% higher than the initially targeted $150mn. The bond already increased in size yesterday, to $250mn-$300mn. WebChile’s 10-year government bond yield consolidated around the critical 5.3% mark as regional investors rushed for safety amid a worsening economic outlook for the South … WebFeb 22, 2024 · Open. Chile is assessing investor interest in a potential sale of bonds tied to its sustainable goals, a move that would make it the first nation to issue sustainability … most comfortable yard work shoes