La Libra, Facebook's digital currency, announced for 2021 in reduced format

The launch of Facebook's digital currency, Libra , could take place in 2021. The project may benefit from favorable factors in the global economy, but regulators will have to be convinced first.  Facebook could launch Libra, its digital currency in 2021, we learn from the British media Financial Times, which quotes people close to the process. The product is expected to arrive in a limited version, after the project has met with great aversion from regulators, including in the United States, the country where the headquarters of the social media management company are located. The stakeholder association behind this digital currency project is now planning to launch a single version of Libra that will itself be pegged to the dollar, at the rate of one unit of US currency for each Facebook digital currency . “The other forms of currencies will be deployed at a later stage,” the FT source added. The exact launch date will depend on when the project

African Development Bank Joins Nasdaq Sustainable Bond Network

Nasdaq (Nasdaq: NDAQ) announced on Wednesday the inclusion of the African Development Bank, one of the world's largest issuers of social impact bonds, in the Nasdaq Sustainable Bond Network (NSBN). NSBN is an international platform accessible to the public, designed to improve the transparency of the market for sustainable and green bonds with social impact.

African Development Bank Joins Nasdaq Sustainable Bond Network

Ten Bank bonds have been added to the platform, including its iconic social bond loan worth US $ 3 billion, "Fighting COVID-19", launched in March 2020, the highest social bond in back then in the international capital markets. “Fighting COVID-19” remains the largest social bond issue denominated in US dollars to date. Its objective is to contribute to the mitigation of the economic and social impact of the pandemic on the livelihoods of the African populations and the economies of the continent.

By joining the Nasdaq Sustainable Bond Network, socially responsible issuers have a unique opportunity to draw attention to the concrete steps they are taking to finance climate change and growth green.

“The Nasdaq welcomes the integration of the African Development Bank into our sustainable bond platform with, in particular, its social bond Fight Covid-19, launched to mitigate the impact of the pandemic on African economies and livelihoods of its people. We are proud to offer visibility to a transmitter with such a powerful social mandate, which the world needs more than ever, especially in these difficult times. "Said Ann-Charlotte Eliasson, Vice-President, responsible for the list of EU bonds and sustainable debt. Since the launch of the Nasdaq Sustainable Bond Network last December, more than 40 issuers from 13 countries have added more than 4,000 bonds to the platform, including the Nordic Investment Bank, HSBC and Fannie Mae.