Worlds first sovereign Blue Bond launched by Seychelles, assisted by West Bengal

Posted on:31 Oct 2018 13:18:14
Worlds first sovereign Blue Bond launched by Seychelles, assisted by West Bengal
31 October 2018 Current Affairs: Republic of Seychelles launched the world’s first sovereign blue bond worth US$15 million to finance sustainable marine and fisheries projects.

The bond was announced at the Our Ocean Conference in Bali by the Vice-President of the Republic of Seychelles, Vincent Meriton.

Seychelles is the first nation to pioneer such a financing instrument.
Republic of Seychelles launched the world’s first sovereign blue bond worth US$15 million to finance sustainable marine and fisheries projects.

The bond was announced at the Our Ocean Conference in Bali by the Vice-President of the Republic of Seychelles, Vincent Meriton.

Seychelles is the first nation to pioneer such a financing instrument.

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