Swiss Re’s Vita mortality cat bond trades at near 60% discount
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Swiss Re’s Vita mortality cat bond trades at near 60% discount

Fiona Robertson
25 July 2023
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Swiss Re’s Vita mortality bond has traded at distressed levels, cat bond manager Plenum noted in a circular to investors.

The $120mn Vita VI 2021-1B note traded at 42.25c in the dollar on 18 July, which represented a steeper discount than the 80c per dollar valuation it had previously been assigned.

The

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Swiss Re News Catastrophe bonds ILS
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