The World Bank's debt products are characterized by their high degree of adaptability to investors' individual demands. Equally, timing of issuance is highly flexible and can be adapted to specific investor needs. The goal is to provide cost-effective funding on a sustainable basis for financing economic development while meeting investors' requirements.
The World Bank's spectrum of products covers discount notes with maturities ranging from one day to 360 days, liquid benchmark bonds, plain vanilla, local currency bonds, as well as a broad range of structured notes. World Bank bonds are issued with maturities ranging from one year to 50 years. Individual bond issues range from under US$10 million to US$4 billion in size.
World Bank debt securities include Eurobonds, global bonds, and domestic issues in selected markets. They are sold though security houses and banks, and can be structured to clear through various settlement systems, including Euroclear, Clearstream, DTC, Federal Reserve, as well as other domestic systems. The World Bank offers public issues with a choice of exchange listings or as private placements. The Global Debt Issuance Facility (GDIF) is the World Bank's universal debt documentation platform.
The World Bank also offers short-term debt instruments in USD through its Discount Note Program. Discount notes are sold through designated dealers.
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