Wednesday
August 16
2017

IIX’s Women’s Livelihood Bond Officially Listed on the Singapore Exchange

The Women’s Livelihood Bond (WLB), structured by Impact Investment Exchange (IIX), has become listed and quoted on the Bonds Market of the Singapore Exchange (SGX) as of 9:00am today, making it the first listed bond in the impact investing space with a dual focus on financial returns and social impact. The US$8 million debt security will impact over 385,000 women in Cambodia, Vietnam, and the Philippines through enhanced access to credit, market linkages, and affordable goods and services that will build women’s resilience to socio-economic shocks and stresses.

The listing of the WLB ensures transparency and accountability for the bond’s investors who will receive rigorous disclosure of both financial performance and social impact, while also creating the potential for secondary liquidity in the impact investment market.

Source: IIX (link opens in a new window)

Categories
Investing
Tags
Asia, development impact bonds, ESG, ESG investing, investing, social impact bonds, stock market, Women