RMBI Care closes charity bond after reaching £10m

RMBI Care Co's Prince Philip Duke of Edinburgh Court in Berkshire

The Royal Masonic Benevolent Institution Care Company (RMBI Care) has closed a charity bond after reaching £10m through investments in less than four weeks, after launching the bond on 31 January. The Retail Charity Bond will offer a coupon of 6.25% to be repaid by 2029, which has been administered by the charity’s broker Allia…

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