Current Affairs - International - Discussion

Discussion :: International - Latest Current Affairs (Q.No.184)

184. 

Which country issued world's first sovereign bond?

[A]. Mexico
[B]. Switzerland
[C]. Malaysia
[D]. Bangladesh

Answer: Option A

Explanation:

Mexico has become the first country in the world to issue a sovereign bond linked to the sustainable development goals set by the United Nations. It has raised EUR 750 million ($890 million) by such bonds. The SDG bond will mature in September 2027 and offers a yield to maturity rate of 1.603% and a coupon rate of 1.350%. This new bond was issued under Mexico's new "SDG Sovereign Bond Framework," which was released in February in partnership with French investment bank Natixis.

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