Last week International Finance Facility for Immunisation attracted $1.5bn in bids for a $500m bond at 0.44 % to raise funds for Gavi corona vaccination effort. Bond backed by aid pledges mainly from UK&France and shares their AA credit rating.
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By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys
June 28, 2022
By contrast with life insurers, US public pension systems have shifted away from fixed-income securities as interest rates fell. Moodys via daily shot newsletter from