Question
the World Bank issued a pandemic bond in 2017. (a) What type of derivative is this? (b) Why do investors find this type of derivatives
the World Bank issued a pandemic bond in 2017. (a) What type of derivative is this? (b) Why do investors find this type of derivatives attractive? (c) How is this World Bank bond triggered? (d) What likely happened to investors in the bond as a result of the COVID pandemic?
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a What type of derivative is this The World Bank pandemic bond issued in 2017 is a type of catastrophe bond cat bond These are a form of insurancelink...
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Intermediate Financial Management
Authors: Brigham, Daves
10th Edition
978-1439051764, 1111783659, 9780324594690, 1439051763, 9781111783655, 324594690, 978-1111021573
