HKMA pledges $1bn to IFC infrastructure platform
HKMA commits $1 billion to International Finance Corporation’s syndicated loan platform
The Hong Kong Monetary Authority has committed $1 billion to the syndicated loan platform for emerging markets run by the International Finance Corporation, a subsidiary of the World Bank.
The investment kick-starts the HKMA’s plan to invest some of its $450 billion-plus Exchange Fund in infrastructure projects in emerging markets and countries engaged in China’s Belt and Road initiative.
The Managed Co-lending Portfolio Program (MCPP) allows institutional investors to passively participate in
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