OECD recommends Cat Bonds

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The OECD has recently recommended that member states should protect their infrastructure better. In a report released the organisation suggests that it would be beneficial to use cat bonds to protect infrastructure. This is only a little step away from the suggestion made some time ago on this blog when we proposed to finance infrastructure projects through the issuance of cat bonds (see article here).

http://www.hedgefund-lawyer.com/