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Catastrophe Bonds

WNYC News

Betting on the Next Catastrophe

Monday, August 19, 2013

WNYC

Brisk sales of a relatively new financial instrument called a catastrophe bond could help governments pay for disasters.

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Transportation Nation

MTA Bond Tied to Storm Surge a Big Hit

Friday, July 26, 2013

WNYC

Investors are betting against another Sandy-sized storm hitting New York City. The first ever bond tied to storm surge levels around New York city generated so much market interest that the bond has grown by 60%.

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