Social bond could target R100bn to help Covid-19 response
A government-issued social bond, targeting ESG investors, could help the state ease funding pressures
20 May 2020 - 19:00
The government should consider issuing a special social bond to help it fill the funding gap for its response to the Covid-19 pandemic and the economic crisis it has created.
The social bond — proposed in a paper by Intellidex’s Stuart Theobald and Peter Attard Montalto, along with the Covid-19 Economists Group — could target as much as R100bn from offshore as well as domestic institutional and retail investors...
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now