The World Banks pandemic bonds are designed so investors pay in the event of an outbreak

Worth the read...

We will be ok here.

No you won't!

Bump, good read.

No interest??

Last Edited by Phennommennonn on 02/25/2020 06:56 PM

7% interest on the bonds when they mature in July of this year? If of course no pandemic is formally announced? What do you mean by no interest? I might be using the wrong meaning of the word here....

five stars. Unbelievable how they operate.

The hedge funds and pension funds that bought these are expecting a big payout when they come due. 7% or 11% interest. Problem is we have a pandemic so they won't come due and all the pension funds say uh oh, bye bye money. So we really don't have a pandemic because WHO says we don't. Bastards.

This needs to be pinned.

This really really needs to be pinned. It should be headline news.

Phen, do you know about the St Germane trust? My studies imply it is still active and very very old.

99.9% of those bonds are owed to me.

I cant believe this isnt pinned. Who in WHO is getting a payout from some hedge fund to refuse to declare a pandemic?

Oh wait. All that money is for turd world poo holes. So who cares if they dont get it, let them die.

I cant believe God has put up with the whole financial casino for so long.

Bump

All your bonds R belong to us....

Oops.

It's actually a bit different. the WHO gets to KEEP the money if they declare pandemic! It was a scheme to pay HIGH dividends, but the GAMBLE or RISK was also high. Winner takes all, well here you can read it:


These pandemic bonds were sold to investors as a giant gamble in the global financial casino. The World Bank sold “pandemic bonds” which were a scheme like no other. 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. They did not pay out in 2019 when the Ebola virus broke out in Africa. The World Bank announced the creation of these structured bonds in May 2016 at the G7 Finance Ministers and Central Governors meeting in Sendai, Japan.
The World Health Organisation will keep the money and will use it to fight the outbreak. Investors bought the bonds and received regular coupon payments in return, which were substantial in this world of negative interest rates. If there is an outbreak of disease turned into a pandemic, then investors don’t get their initial money back. There are two varieties of debt that are scheduled to mature in July 2020.
The first bond issue raised $225 million and features an interest rate of around 7%! That was substantial. Payout on the bond is to be suspended if there is an outbreak of new influenza viruses or coronavirus. The second type of bond was even riskier which raised $95 million with an interest rate of more than 11%. This second type of bond keeps investors’ money if there is an outbreak of Filovirus, Coronavirus, Lassa Fever, Rift Valley Fever, and/or Crimean Congo Hemorrhagic Fever.
Then the World Bank issued $105 million derivative that works in a similar way.
Source: [link to www.armstrongeconomics.com (secure)]

This is why they are refusing to declare a Pandemic. They are going to try and hold off until they reach maturity in July...

Not, this is global chump change!

It kind of is, indeed. That said, someone is not going to be happy when or better said, if, a pandemic is declared.

Hi Phenn. Long time no see. How you been?

And Libra, the new digital currency will be ready by then.

Thread: This is going to be Black Friday for the Dow Jones

Not much longer. Why do you think the whole thing is going to crash and burn? Besides the greed and the lies, there's the child ritual sacrifice.

Zombie bonds are great returns

Wow I just posted about this - great minds think alike. Yes. Pressure on WHO must be massive to NOT declare a global pandemic.

5stars