IFFIm steps up to meet Covid crisis
By Ralph Sinclair 01.45 PM Kenneth Lay, chair of the International Finance Facility for Immunisation (IFFIm), is no stranger to using financial innovation to help tackle some of the world's biggest problems. He spoke to GlobalCapital about the importance of IFFIm as a vehicle to finance the global vaccine rollout in the fight against the coronavirus pandemic. Lay was treasurer of the World Bank, which performs treasury operations for IFFIm, when the Facility was first set up in 2006. He became its chair, replacing Cyrus Ardalan, in January this year. IFFIm's first bond — a $1bn 5% November ...
Source: globalcapital.com