Social Bonds History & Market Today
Keith Mullin
35 years: Capital markets editorial
In this video Keith highlights the social bond market timeline. The first social bond was introduced by the International Finance Facility for Immunisation (IFFM) in November 2006. Since, social issuance has emerged in covered, senior unsecured, senior preferred, and senior non-preferred format.
In this video Keith highlights the social bond market timeline. The first social bond was introduced by the International Finance Facility for Immunisation (IFFM) in November 2006. Since, social issuance has emerged in covered, senior unsecured, senior preferred, and senior non-preferred format.
Social Bonds History & Market Today
6 mins 51 secs
The first bond recognisable as a labelled social bond was issued in November 2006 by the International Finance Facility for Immunisation (IFFIm); a $1bn five-year offering of Vaccine Bonds. Supranationals anchored the market in its early years followed by government agencies; more latterly the market has expanded to financial and corporate issuers.
Key learning objectives:
Define IFFIm
Identify the role IFFIm plays in the development of the social bond market
Keith Mullin
12:34
06:19
16:06
Related videos
Introduction to Climate Change
Understanding the science of climate change is vital for understanding the future of finance. In this video, Simon gives an introduction to the science behind climate change and outlines the current political, scientific, and financial situations relating to this phenomenon.
Simon Thompson • 12:14
Social Impact Investment & Social Lending Introduction
Social investment is the use of money to achieve both a social and financial return. In this video, Stuart provides an introduction to social investment, explaining what it is, the difference between loans and grants and how charities sustain loans.
Stuart Sweeney • 15:29
