The Japanese mutual has now used EBRD, IBRD and ABD bonds as permitted investments for its catastrophe bond collateral
Zenkyoren's new cat bond first to use ADB note collateral | | | Zenkyoren's new catastrophe bond the first ever to use ADB note as collateral asset  The recent $100 million Nakama Re Pte. Ltd. (Series 2025-1) catastrophe bond sponsored by Zenkyoren, the Japanese National Mutual Insurance Federation of Agricultural Cooperatives, was the first ever cat bond issuance to utilise bonds issued by the Asian Development Bank (ADB) as collateral assets. Zenkyoren has utilised the ADB note as a collateral asset permitted investment for its latest catastrophe bond issuance as the sponsor sees this as a responsible investment aligned with its sustainability policy. Read the full story. Other articles: | | | | | | Please share this with colleagues and friends if you think they would like to receive it.
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