News

The markets are collapsing – Dhaka Tribune

Thus, when one of the investors in IIX’s Women’s Livelihood Bond (WLB) sent me a note saying, “The market is crashing but WLB is up by 3.8%, thank you,” I had to smile and thank the women who received loans as a result of the WLB for making it a success even as they go about building their own livelihoods. For IIX, which was born out of the 2008 financial meltdown with a vision to radically transform financial markets for social good, I see this as a glimmer of hope that the lessons of 2008 weren’t all for nothing.  READ MORE

A UN-backed boost for women-run businesses in the developing world – modern diplomacy

Sokkheng, who runs a village store in Cambodia with her husband, lacked confidence when it comes to choosing the best approach to reinvest in her business, potentially making her vulnerable to economic and financial risks.

Today, her prospects have markedly improved, thanks to the support of a microfinance institution with a history of promoting the well-being of rural society, backed by a loan from the world’s first financial product focused on women to be listed on a stock exchange; the product is called the Women’s Livelihood Bond Series (WLB Series) and has been launched by Impact Investment Exchange (IIX).  READ MORE

Robert Kraybill ’89 Uses High Finance to Empower Women – PRINCETON Alumni Weekly

In 2009, with the help of a grant from the Rockefeller Foundation, Kraybill and Shahnaz created Impact Investment Exchange (IIX). They hoped to create an exchange dedicated to listing the stocks and bonds of, in Kraybill’s words, “mission-driven social enterprises” — businesses that are similarly dedicated to doing some kind of good as opposed to simply making money. It’s an idea that Kraybill admits is still “ahead of its time.” READ MORE

DBS makes Bloomberg Gender-Equality Index – Hubbis

DBS Foundation, the first foundation in Singapore dedicated to championing social entrepreneurship, supports and funds numerous social enterprises that empower disadvantaged women and girls. DBS is a supporter of Impact Investment Exchange’s Women’s Livelihood Bond Series, which recently closed a second USD12 million bond to help create sustainable livelihoods for more than 250,000 underserved women in the regionREAD MORE

Impact Investment Exchange’s $12 Million Gender Bond Offering – Global Legal Chronicle

Latham advised DBS, Standard Chartered, and ANZ on Impact Investment Exchange’s US$12 million Women’s Livelihood BondTM2 (WLB2)

Impact Investment Exchange (IIX) has successfully closed the US$12 million Women’s Livelihood BondTM 2 (WLB2), the Asia-Pacific’s second multi-country gender bond to be listed on a stock exchange (the Singapore Exchange), creating sustainable livelihoods for 250,000+ underserved women in the region.READ MORE

Impact Investment Exchange closes second Women’s Livelihoods Bond at $12 million – Impact Alpha

Impact Investment Exchange (IIX) launched its Women’s Livelihood Bond series in 2017 to help low-income women in Southeast Asia transition to sustainable livelihoods. Proceeds raised through the bond offering are invested in financial institutions and social enterprises supporting women.

IIX has floated both bonds on the Singapore Stock Exchange support liquidity for investors and provide “additional comfort to investors due to the added reporting requirements of a public exchange,” an IIX spokeswoman told ImpactAlphaREAD MORE

The first-ever gender bond series listed in Asia-Pacific receives new UN support – Global Analytics Market

The first-ever Multi-Country Gender Binding Series (ESCAP), the Asia-Pacific Economic and Social Commission for Asia and the Pacific (ESCAP), the United Nations Capital Development Fund (UNCDF) and the Rockefeller Foundation, has gained new funding from Impact Investment Exchange (IIX)’s winning Women’s Livelihood BondTM Series (WLB Series).

The second multi-country gender bond, Women’s Livelihood Bond 2 (WLB 2) IIX, which was to be listed on the Singapore Exchange successfully closed off the US$ 12 million. For more than 250,000 underserved women in the country, WLB2 would create sustainable livelihoods. It is the second bond in IIX’s winning, US, Asian, African, Australian, and New Zealand-based WLB Series.READ MORE

Impact Exchange Issues Pro-Women Bond Tranche- FiNews.Asia

Singapore-based Impact Investment Exchange has successfully closed the bond targeted at improving women’s livelihood in Asia – the second such debt issuance of its kind.

The bond is part of the «Women’s Livelihood Bond» (WLB) series which aims to «create sustainable livelihoods» for over 2 million women across Asia. The WLBs are the first «gender lens bonds» for several countries in Asia including Indonesia, India, Sri Lanka and Cambodia. Impact Investment Exchange (IIX) – a Singapore-based bourse focused on issuing securities that generate both returns and real social or environmental impact – issued its first WLB in 2017 and its latest issuance raised $12 million.  READ MORE

IIX closes second multi-country gender bond in Asia-Pacific – The Asset

Impact Investment Exchange (IIX) has successfully closed the US$12 million Women’s Livelihood Bond 2 (WLB2), the second multi-country gender bond in the Asia-Pacific to be listed on a stock exchange, the Singapore Exchange (SGX), creating sustainable livelihoods for over 250,000 underserved women in the region.

Demonstrating the scalability and replicability of the WLB Series, IIX will be launching the third Women’s Livelihood Bond (WLB3) in 2020, and will build on the success of the WLB1 and WLB2 by expanding to include more countries and new sectors. The WLB2 is the first ICMA and Asean Capital Markets-certified social bond focused on women’s empowerment.  READ MORE

Asia-Pacific’s first-ever multi-country listed gender bond series gains new support from the United Nations – UNESCAP

Impact Investment Exchange (IIX)’s award-winning Women’s Livelihood BondTM Series (WLB Series) – Asia-Pacific’s first-ever multi-country gender bond series to be listed on a stock exchange – has gained new support the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), United Nations Capital Development Fund (UNCDF) and the Rockefeller Foundation.

IIX successfully closed the US$12 million Women’s Livelihood Bond 2 (WLB2), IIX’s second multi-country gender bond to be listed on the Singapore Exchange. WLB2 will create sustainable livelihoods for more than 250,000 underserved women in the region. This is the second bond in IIX’s award-winning WLB Series, which boasts investors from the U.S., Asia, Europe, Australia and New Zealand.   READ MORE