Bonds meant to finance social causes had their busiest April on record, propelled by large deals from French unemployment insurance agency Unedic and the Republic of Colombia.
Global social bond sales reached $14.3 billion last month, edging out a previous record of $12.2 billion in April 2022, according to data compiled by Bloomberg.
Unedic issued a €1 billion (US$1.08 billion) offering to fund the agency's efforts to compensate workers and help companies preserve jobs through economic or health crises, according to its framework. It received orders that covered the deal nearly 13 times.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
