Sovereign social bond

Social bonds.

A social bond issued by a state or similar body.

In 2020 the Republic of Ecuador issued the first ever sovereign social bond of USD400 million partially supported by a credit guarantee from the Inter-American Development Bank.

The proceeds from the issuance were earmarked for housing loans with social and public interest for medium or low-income families.

See also

• Bond
• Green bond
• Inter-American Development Bank
• International Capital Market Association (ICMA)
• Social bond
• Social Bond Principles (SBP)
• Social impact bond
• Sovereign
• Sovereign issuance
• Sustainability bond
• Sustainability-Linked Loan Principles (SLLP)
• Use of proceeds bond