Date: 4/1/2014
Author: FA Staff

Impact Notes: An Alternative to GSEs

People who invest in highly rated securities from U.S. government-sponsored enterprises (GSEs) now have an alternative with a new bond program unveiled last month focused on supporting private sector development in emerging markets through triple-“A” rated bonds.

These securities, called Impact Notes, are the combined effort of the International Finance Corp., a member of the World Bank Group and the largest global development institution focused solely on the private sector in developing countries, and Incapital LLC, a leading underwriter and distributor of financial products.

To read more, click here.