The Newpin Social Benefit Bond is Australia’s first social bond, issued in 2013. The bond, a partnership between the New South Wales Government, Uniting Care and Social Ventures Australia, has funded the maintenance and expansion of Newpin, a program established in 2009 working to restore children in out-of-home care to their families, or prevent children from entering care in the first place. The bond has been designed to deliver considerate financial savings to government, as well as a competitive return to investors. At the end of its third year (financial year ending 30 June 2016), 67 children have been returned to their families for care, resulting in an 12.15% return to investors, up from a 7.5 per cent return in the first year.