Diaspora Bond

Diaspora Bond

A sovereign bond that targets investors that have emmigrated to other countries and the relatives of those emmigrants. For example, the government of Greece tries to sell a government bond to Americans of Greek origin.
References in periodicals archive ?
In June 2017, LSEG welcomed Nigerias first Diaspora Bond raising $300 million
The Africa Foresight report which was unveiled for the first time proposed blended finance, big bond and diaspora bond as a way the continent can source funding for economic growth.
5bn), a Sukuk Bond (100 billion Naira), a Diaspora Bond (US$300m), and the first Sovereign Climate Bond in Africa, raising billions of dollars for infrastructure spending.
5bn Eurobond and $300m Diaspora Bond in the international market -- both notes recorded high subscription levels.
Pakistanis are facing more queries about their money abroad,' Zafar claimed, adding that the Diaspora bond will provide an opportunity to the overseas to invest and get better returns.
The Nigerian government has announced the appointment of two firms, Stanbic IBTC bank and Goldman Sachs, as advisers for the debut US$100 million Diaspora Bond issue, according to local media reports on Wednesday.
Addressing a day-long consultation seminar organised by SBI, Pakistan on the pre-feasibility study for the Diaspora Bond here at Garrison Services Club and later talking to reporter, he said work on pre-feasibility study of Diaspora Bond has been initiated and expressed optimism to complete this study by December 2013.
Diaspora investments take various forms--from direct investment to the purchase of diaspora bond ("a retail saving instrument marketed only to migrants").
5bn), a Sukuk Bond (N100 billion), a Diaspora Bond (US$300m), and the first Sovereign Climate Bond in Africa, raising billions of dollars for infrastructure spending.
The Debt Management Office (DMO) on behalf of the Federal Government, has listed on the Nigerian Stock Exchange (NSE) US$300 million Diaspora bond, as well as three billion dollars Eurobond, saying the debt instrument will be used to fund budget deficit.
Afreximbank will take 6 months bridge finance gap of $100 million towards the CBZ Bank $200 million Diaspora bond to provide funds for companies in urgent injection.