30 Mar 2020
COVID-19: NIB to start issuing NIB Response Bonds
NIB will start to issue NIB Response Bonds to finance eligible projects that aim to alleviate the social and economic consequences caused by the COVID-19 coronavirus pandemic in the Bank’s Nordic-Baltic member countries.
As called upon by its Nordic and Baltic owner countries, NIB loans will be made available to member countries and sustainable businesses that are facing economic consequences due to the COVID-19 pandemic. NIB Response Bonds will finance eligible projects that aim to alleviate the social and economic impacts of the pandemic in the Bank’s member countries, and eventually support their recovery process.
For more information, see the NIB Response Bond Framework