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World's first public market instrument that benefits women-run SMEs matures in Asia

Felicia Tan
Felicia Tan • 2 min read
World's first public market instrument that benefits women-run SMEs matures in Asia
The bond provided investors with an annual return of 5.65% from 2017 to 2021.
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The Women’s Livelihood Bond 1 (WLB1), under the Impact Investment Exchange (IIX), has matured on July 6.

The bond is the world’s first listed gender lens and impact investing instrument. The bond is currently listed on the Singapore Exchange (SGX).

The bond provided investors with an annual return of 5.65% from 2017 to 2021. In comparison, Asian high yield corporate bonds yielded some 4% in 2020. Corporate bonds during the year saw yields of 1% to 3%.

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