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IBRD CAR 130

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Jamaica’s first cat bond launched at $175m by World Bank IBRD

6th July 2021

The first catastrophe bond to benefit the Caribbean island nation of Jamaica has now been launched to investors, with the IBRD CAR 130 transaction, that is being issued via the World Bank, set to provide the Government with a $175 million or greater source of named tropical storm and hurricane disaster insurance protection.

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