UK-led vaccine bond scheme passes $10 billion milestone
The International Finance Facility for Immunization (IFFIm) has announced the settlement of its £300 million ($407 million), three-year 4.25% fixed-rate bond that was announced on June 3.
This is the third bond issue in pounds sterling and a powerful reaffirmation of investor confidence in vaccine bonds as a tool for global health impact.
With this latest transaction, IFFIm’s total issuance since its founding in 2006 now exceeds $10 billion, supporting life-saving immunization programs in lower-income countries through its partner, Gavi, the Vaccine Alliance.
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