Philippines looks to issue cat bond

Jasper Cox

January 14, 2019 01:30 pm

Philippines_PA_230x150 — EDITOR'S NOTE: IMAGE PROCESSED USING HIPSTAMATIC Ominous graffiti in Tacloban in the Philippines, Wednesday, Dec. 4, 2013. The city was decimated by last month's Typhoon Haiyan but rebuilding efforts are underway. (AAP Image/Neda Vanovac) NO ARCHIVING ** STRICTLY EDITORIAL USE ONLY ** | NEDA VANOVAC/AAP/PA Images

The Philippines is preparing a sovereign catastrophe bond, the World Bank said on Monday. The imperilled country could be the next to use the instrument as insurance against natural disasters.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

SSA World Bank Supras and agencies Philippines Asia Southeast Asia Sovereigns Asean Asia Pacific Securitization ABS Emerging Markets GlobalMarkets SRI

JC

Jasper Cox