oh motherfucker interesting https://twitter.com/liz_franczak/status/1233150109677801472 …
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Replying to @eigenrobot
The pandemic bonds are 'only' a few hundred millon $ total.
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Replying to @sAasom
yeah that's not so much all things considered wonder who holds em WB is on the hook for payment?
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Replying to @eigenrobot
Investors in the bond issue are receiving interest payment. If conditions are triggered the money is released in tranches to WB. There is an independent arbiter that decides when conditions are triggered.
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Replying to @sAasom @eigenrobot
Holders are mainly nation states, some institutions as well. Pretty good overview here :https://pca.st/episode/2b41d8e4-27db-487e-9d69-4d9993a5f990 …
1 reply 0 retweets 2 likes
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