So World Bank issued “pandemic bonds” in 2017 with an interest rate of 12% that were set to mature in July 2020, with one catch: If “coronavirus“ became a pandemic - and in 2017 they called Coronavirus by name - then investors would lose all their money.
https://www.reuters.com/article/us-china-health-worldbank-pandemic/world-bank-pandemic-bond-under-pressure-as-coronavirus-spreads-idUSKBN20D2HI">https://www.reuters.com/article/u...