In 2017, these bonds were sold to private investors on the premise that they would lose their money if any of six deadly pandemics hit. If WHO declares a pandemic, the World Health Organization will keep the money and will use it to fight the outbreak. If there is an outbreak of disease turned into a pandemic, then investors dont get their initial money back.
Very interesting. I wonder if this plays into the fact that WHO said they weren’t using the word Pandemic. DOnt know if that has changed...things are moving fast.
Wow excellent find.