The World Bank has issued the world's first Wildlife Conservation Bond (WCB) or the "rhino bond", raising $150 million to help efforts to increase the endangered black rhino population in South Africa, the bank said in a statement on Thursday.
According to the report, Public Provident Fund (PPF) and National Savings Certificate (NSC) will continue to carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively, in the first quarter.