Jamaica’s World Bank cat bond upsized to $185mn
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Jamaica’s World Bank cat bond upsized to $185mn

Liz Bury
20 July 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

The Jamaican government is set to close its named storm World Bank cat bond at $185mn, upsized from an initial target of $175mn.

The rate also settled at the higher end of original guidance at 4.40%, with the multiplier 2.7x on an expected loss of 1.62%.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Catastrophe bonds ILS
Headshot template (new) (1).png
Liz Bury
Editor
Contact
Gift this article