IFFIm raises US$130 million through vaccine bonds offered to Japanese investors

GAVI said that the International Finance Facility for Immunisation Company (“IFFIm”) raised US$130 million for health and immunisation programmes through vaccine bonds offered to Japanese retail investors. This most recent offering of vaccine bonds by the International Finance Facility for Immunisation Company (“IFFIm”) “demonstrates Japanese investors’ continued support for IFFIm and its humanitarian purpose.” IFFIm raises funds that are used by the GAVI Alliance for health and immunisation programmes in 70 developing countries to protect millions of children against preventable diseases. This vaccine bond offering was arranged by HSBC Securities (Japan) Limited. For the first time, the bonds were sold through a group of 19 securities distributors and offered to retail investors online, enabling IFFIm to broaden its investor base, the media release noted.

http://www.gavialliance.org/media_centre/press_releases/2009_06_24_iffim_japan_strong_support.php

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