- June 18, 2017: The World Bank issues “Pandemic Bonds” in which payouts are triggered by WHO data.
- May 24, 2018: The World Bank and Who join forces, have joint interest in bonds failing.
- March 11, 2020: WHO announces pandemic just before maturity.
- April 20, 2020: Investors lose, World Bank and WHO win
In June of 2017, the World Bank announced “specialized pandemic bonds” under the Pandemic Emergency Financing Facility (PEF). The pandemic bonds were created, with specific parameters for payout, based on WHO data. When the World Bank and Who created a “world security” partnership six months later, a pandemic (failed bonds) would have been the best outcome for the newly formed partnership. Just short of the deadline for investors to receive their return of initial investment and high interest profits, a pandemic was announced. Investors and the world had everything to lose. The World Bank and WHO? Everything to gain.
According to the World Bank’s press release, “PEF financing to eligible countries will be triggered when an outbreak reaches predetermined levels of contagion, including number of deaths; the speed of the spread of the disease; and whether the disease crosses international borders. The determinations for the trigger are made based on publicly available data as reported by the World Health Organization (WHO).” Essentially, the WHO data triggered a payout of the pandemic bonds.
The World Bank sold $500m in bonds but also included a plan reference of “derivatives & complex financial instruments,” that, along with oversells, could exponentially increase the payout, if such an event occurred. The full prospectus has since been deleted, but can be found on archive.org. The maturity date (June 15, 2020) and covered perils, specifying coronaviruses, are highlighted below.
Ironically, 6 months after the “pandemic bond” announcement, the World Bank partnered with the World Health Organization. Considering the prospectus specified payouts, based on WHO data, is suspicious as best.
According to an article published by CNBC on March 17, 2020, investors stood to lose investments. As we know, investors lost and the World Bank/WHO won. Perhaps these are the “banking practices” used to back the financial incentives for imposed lockdowns?
A further look into the World Bank’s practices: “papergate.”
Last year, a study conducted concerning the World Bank’s “aid” found a sharp increase in offshore Bank deposits correlating with time frames of aid disbursement to countries in need. When pressed for more information about the suspicious spike in offshore bank deposits, the World Bank went dark. “According to The Economist, the World Bank refused to release the study. Afterward, its chief economist resigned.”