Governments and NGOs are under more pressure than ever to find new ways of funding international development programmes. One promising option is the development impact bond, an innovative financial instrument that looks set to change the global financing landscape

Many argue that GDP-linked bonds are a far stabler alternative to currency-fixed debt instruments. These bonds would be less volatile in times of crisis and would stop the economy’s performance from becoming a direct burden on the taxpayer

As global educational institutions find it increasingly difficult to come by public funding, many are looking to the bond market to plug the gap

Speculators snap up Japanese 10-year bonds despite negative yields

Pimco’s flagship Total Return Fund has been hit by hefty redemptions following the abrupt departure of co-founder and fund manager Bill Gross