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World Bank Prices CAD 600 Million Sustainable Development Bond

9% Sean Hayes, Head of US Syndicate & Credit Sales, BMO Capital Markets, said: “World Bank continues to demonstrate unwavering commitment to Canadian dollar primary markets to start its new fiscal year, with this deal representing its tenth consecutive fiscal year issuing a benchmark-sized CAD transaction. The World Bank’s presence has cultivated growth across high-grade capital markets for sustainable investment in Canada and continues to draw strong domestic and international support. BMO is a proud partner”. Cesare Roselli, Global Head of SSA (Sovereign, Supranational, and Agency) Origination, Scotiabank, said: “Scotiabank is proud to have acted as bookrunner in the World Bank’s 5-year CAD 600 million Sustainable Development Bond, its first CAD-denominated transaction of the 2022 fiscal year, issued to support the financing of a combination of green and social projects, programs, and activities in member countries. The transaction resulted in strong involvement of the

NS&I: Could a 2019 terms tweak cost you hundreds of pounds in tax?

NS&I altered the tax treatment of Guaranteed Growth Bonds in May 2019 The first multi-year bonds are now maturing for savers  All interest is now paid in the year bonds mature rather than each year This could leave savers with bigger pots breaching their £1,000 Personal Savings Allowance and mean they face a tax bill  Will this hit you? Get in touch: george.nixon@thisismoney.co.uk 

45% of your pension may soon be invested in SA infrastructure, under new draft rules

45% of your pension may soon be invested in SA infrastructure, under new draft rules
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