Jamaica’s World Bank cat bond upsized to $185mn
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Jamaica’s World Bank cat bond upsized to $185mn

Liz Bury
20 July 2021
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The Jamaican government is set to close its named storm World Bank cat bond at $185mn, upsized from an initial target of $175mn.

The rate also settled at the higher end of original guidance at 4.40%, with the multiplier 2.7x on an expected loss of 1.62%.

The

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