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#CatBondUpdate #Thread
I am pleased to provide the update that Jamaica has sponsored its second consecutive catastrophe bond, with the much appreciated assistance and support of the World Bank.
This cat bond will provide fiscal resources for emergency expenditures that arise from a direct hit by a high intensity hurricane over the hurricane seasons 2024, 2025, 2026 and/or 2027.
The cat bond will be listed on the Hong Kong Exchange. See World Bank Press Release below. π―π² #TakingResponsibilityForOurVulnerability
Link: https://t.co/d3EXvbwHL0
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