IFFm announces inaugural US dollar floating rate benchmark

    IFFIm (International Finance Facility for Immunisation Company) made a restricted announcement of its inaugural US dollar floating rate benchmark. The US$ 700 million, 3-year Vaccine Bonds “provide investors an opportunity to fund immunisation programmes by the GAVI Alliance, helping protect millions of children in the world’s poorest countries against preventable diseases. \”

http://www.iffim.org/library/news/press-releases/2013/iffim-issues-us$-700-million-in-3-year-floating-rate-vaccine-bonds/ [Please note access and viewing prohibitions].