Index provider Solactive has teamed up with UBS to launch a range of benchmarks tracking the World Bank and other development bank debt.
Rebalanced monthly, the Solactive UBS Development Bank Bond index range comprises 36 total return indices that cover bonds issued by development banks, multilateral development banks and the World Bank. It includes indices that have bonds with shorter maturities from these three groups and are available in euros, sterling, dollars and Swiss francs. The indices will have a sustainable investment tilt focusing on banks that deploy funds for development projects with a positive social and environmental impact. The majority of these projects are covered in the 2030 Agenda for Sustainab...
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