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– Caribbean and Latin America to benefitThe Inter-American Development Bank (IDB) and Daiwa Securities Group have announced an issuance of the Poverty Reduction Bonds to support poverty alleviation and improve living conditions of new generations in the Caribbean and Latin America.These Bonds are IDB’s first impact investment bonds of 2011 and they will be offered in Japan.The IDB’s Poverty Reduction Bonds provide an opportunity to Japanese retail investors to contribute to poverty reduction in Latin America and the Caribbean.According to the IDB,Wholesale Authentic Jerseys, the Bank’s programmes seek to stop intergenerational poverty by providing economic incentives to lower income families and improving their children’s nutritional and health standards as well as education attainment among other things. About 40 percent of the total lending of the IDB goes to poverty alleviation programmes.In July 2010, the IDB issued its first Poverty Reduction Bonds,Wholesale NFL Jerseys, raising $279 million. Like the first transaction,Atlanta Falcons Jersey, Daiwa Securities Capital Markets Co. Ltd.,Cheap Jerseys From China, the wholesale securities firm under the Daiwa Securities Group,Cheap Sports Jerseys, is managing the current sale and Daiwa Securities Co. Ltd.,NFL Jerseys Supply, the Group’s retail securities firm, will distribute the bonds to Japanese retail investors.To pursue its commitment to social responsibility, Daiwa Securities Group has been actively involved in the Impact Investment initiative,Jerseys From China, seeking out investments that achieve social impact while attaining appropriate financial return. |
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