catastrophe bonds造句

Various financial instruments have evolved for this purpose, including catastrophe bonds.

Some recent innovations, such as tradable pollution rights and catastrophe bonds, have provided a public benefit.

But Francis Ghesquiere of the World Bank doubts that a country as poor as Haiti, with no experience on international bond markets, will start issuing catastrophe bonds.

Last year AXA, a French insurer, issued so-called mortality catastrophe bonds to protect itself in the event of large death tolls caused by, say, avian flu or terrorism.