5 Key Points of Ecuador's Sovereign Social Bonds

The Republic of Ecuador has issued the world's first sovereign social bond to diversify its financing sources for affordable housing access. This issuance is supported by a guarantee from the IDB. This document summarizes the most relevant features of the issuance through five key points. It highlights the execution scheme as well as the direct and indirect benefits of this unique bond.

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Bibliographic Details
Main Author: Inter-American Development Bank
Other Authors: Isabelle Braly-Cartillier
Language:English
Published: Inter-American Development Bank
Subjects:Financial Bond, Financial System, Housing Finance, Social Bond, Government Bond, Mortgage Market, N46 - Latin America • Caribbean, social bond; affordable housing; mortgage,
Online Access:http://dx.doi.org/10.18235/0002195
https://publications.iadb.org/en/5-key-points-ecuadors-sovereign-social-bonds
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