PLY: Today, a splendidly self-explanatory note about DIBs:
5 Things You Must Know About Development Impact Bonds
Investment Officer – Micro & Small Enterprise Finance (MSEF) at FMO – Linkedin Pulse
- They are not “bonds” and this creates a lot of confusion every time the topic is brought up. The discussion goes on to ratings, fixed-income risks, and listing, all not applicable (yet) to this product. It is often a full-fledged loan with some features closely related to the expected social outcome. The “bond” was more of a marketing word that is still being used, because it is too late to change it…For a full presentation of what it is, you can watch this.