Today HSBC launches a novel new Investment Vehicle, one that promises to make you a fixed return 16.2% (if your funds remain invested throughout the intended 5 year 1 month period) and save lives!
But how does this work?
HSBC will pool investments to purchase bonds (medium term notes) from IFFim.
IFFim secures these bonds with the pledged donations from United Kingdom, France, Italy, Spain, Sweden, Norway and South Africa of $5.3 billion over 20 years.
The World Bank acts as Treasury Manager to coordinates the donors pledges.
This is a great example of Corporations creating Synergies with community initiatives for mutual benefit, large global financial institutions like HSBC have a natural competitive edge in raising capital and initiatives like immunizing children have an ability to rally individuals to action (in this case donate invest).