If you’re looking for an investment that provides a return higher than Treasury bills, and you want to help the world at the same time, you might want to consider this new bond. The government of Britain with some others (not including the United States) are selling bonds to raise money to immunize millions of children around the world against polio, measles, diphtheria, and hepatitis.
The first bond issued will be purchased by the Pope and heads of other religious organizations will be among the first buyers.
According to the Marketplace morning report, the United States government is not participating because the payments to bondholders in the future will come from active budgets. The bonds are underwritten by the World Bank.