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World Bank’s ‘pandemic bonds’ under scrutiny after failing to pay out on Ebola

World Bank’s ‘pandemic bonds’ under scrutiny after failing to pay out on Ebola

Financial Times - Kate Allen

Two years ago the World Bank celebrated what it called “a momentous step”: an attempt to use the global bond markets to change the face of aid and development. The Bank had just sold its first “pandemic bonds”, raising $320m from private investors, in a deal designed to help developing nations …

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