UBS Brought the Bond Market to Philanthropy and It Paid Off
A sign sits illuminated above the entrance to the UBS Group AG headquarters in Zurich, Switzerland. (Photographer: Matthew Lloyd/Bloomberg)

UBS Brought the Bond Market to Philanthropy and It Paid Off

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(Bloomberg) -- The world’s first development-impact bond to fund girls’ education in India performed better than expected, suggesting the tools of the fixed-income market can be harnessed to superc...
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