Includes “In June 2017, the World Bank … sold around $425 million worth of bonds and derivatives aimed at providing financial support to developing countries facing the risk of a pandemic. … Investors who bought the bonds would only lose money if certain trigger conditions relating to a pandemic were met. … The growing coronavirus outbreak around the world has prompted many of the investors who bought up the bonds to sell them off …”
Read the full article on: Deutsche Welle (Germany)