Friday
July 7
2017

World’s First Social Sustainability Bond Listed on a Stock Exchange

A new bond to debut on the Singapore Exchange, called the Women’s Livelihood Bond, said to be the world’s first social sustainability bond to be listed on a stock exchange.

The US$8 million bond provides loans to social enterprises and microfinance institutions, which, in turn, aim to help more than 385,000 women in Cambodia, the Philippines and Vietnam.

Singapore-based firm Impact Investment Exchange (IIX), which is dedicated to social enterprises and impact investing, worked with DBS Bank on this.

Source: The Straits Times (link opens in a new window)

Categories
Investing
Tags
impact investing, investing, microfinance, SEA, Singapore, social enterprise, stock market, Women