J.P. Morgan, the World Bank and the International Finance Facility for Immunisation (IFFIm) announced the issuance of US$169.4 million (equivalent) of IFFIm “vaccine bonds” in Japan. The proceeds will support GAVI Alliance programs. Alan Gillespie, IFFIm Board Chair, said, “The investment by the Japanese people in IFFIm is a testament to their commitment to GAVI’s life-saving work. We also greatly appreciate J.P. Morgan and our three Japanese distributors for their role in placing IFFIm’s AAA-rated bonds.”

http://www.iffim.org/library/news/press-releases/2011/new-iffim-vaccine-bonds-issued-to-support-life-saving-immunisation-in-poorest-countries/