Singapore-based impact investing organisation Impact Investment Exchange (IIX) on Wednesday announced that it has closed the $12-million Women’s Livelihood Bond 2 (WLB2), aiming to create sustainable livelihoods for over 250,000 underserved women in the Asia Pacific region.

The WLB2 will become the second multi-country gender bond in the Asia Pacific to be listed on the Singapore Exchange, following the footsteps of the $8 million Women’s Livelihood Bond (WLB1) that was issued and listed on the same bourse in 2017, according to a statement.  READ MORE