IBRD Financial Products
Case Studies
Loan Products
Indonesia Step-Up Loans
Indonesia Pioneers World Bank’s Inaugural Step-Up Loans for Energy Projects: $1.1 Billion Commitment
Brazil: Consortium Lending
Empowering Mobility: World Bank's Historic $90M Financial Solution for Brazil's Municipal Consortium
India: SBI Refinancing
India's largest state bank refinances an IBRD loan via private lenders, with MIGA guarantee
Uruguay: Performance-linked Loan
Uruguay Pioneers World Bank's First Loan with Built-in Climate Incentives
Ukraine: Loan Blending and Customization
Ukraine: Finding the Right Financial Solution Under Fragility and Conflict
Kazakhstan: Loan Customization
Kazakhstan Saves on Interest Cost and Improves its Debt-Service Repayments
Jordan: Loan Customization
IBRD Helps Jordan Meet Critical Financial Needs Through a Customized Financial Solution
Botswana: Maturity Alignment
Botswana Halves its Total Estimated Interest Payments by Customizing an IBRD Policy Loan
Vietnam: Energy Efficiency Loan
Supporting Energy Efficiency in Vietnam: Designing the Financial Structure of an Energy Efficiency Credit Line
Brazil: Debt Management - Loan Customization
Customizing the Debt Repayment Schedule to Improve Fiscal Sustainability in Brazil
Local Currency Financing
South Africa: Local Currency Financing
Helping De-Risk South Africa: Supporting local currency financing for state-owned enterprises
Mexico: Local Currency Financing at the Sub-national Level - Sociedad Hipotecaria Federal (SHF)
Accessing Local Currency Financing and Risk Management Tools at the Sub-national Level in Mexico
Mexico: Local Currency Financing at the Sub-national Level - Banobras
Local Currency Financing at the Sub-national Level in Mexico
Contingent Financing (IPF & DPL DDOs)
Colombia Cat DDO
COLOMBIA’S CAT DDO: STRENGTHENING RESILIENCE TO DISASTERS, CLIMATE CHANGE AND HEALTH RISKS
Uruguay: Contingent Financing for Energy Stabilization
Innovative Investment Project Financing Supports Energy Stabilization Fund in Uruguay
Kenya: IDA Catastrophe DDO
Kenya Secures First IDA Cat DDO: IDA Credit Supports Kenya’s Efforts to Reduce Climate and Disaster Risk
Indonesia: Development Policy Loan with a Deferred Drawdown Option (DPL DDO)
Boosting Investor Confidence in Indonesia
Credit Enhancement (Guarantees)
Turkey: Eximbank Guarantee
Helping Turkey Mobilize €500 Million in Long-Term Financing from Commercial Markets Amid the Crisis
Montenegro: Policy-Based Guarantee (Part 2)
Montenegro: Mobilizing Long-Term Private Financing at a Lower Cost During the COVID-19 Crisis
Ukraine: Policy-Based Guarantee
Ukraine: Mobilizing International Private Financing in a Challenging Political Environment
Montenegro: Policy-Based Guarantee (Part 1)
Montenegro: Mobilizing Private Financing with Policy-Based Guarantees
Serbia: Policy-Based Guarantee
Assessing New Financial Markets and Improving Borrowing Terms in Serbia
Brazil: Leveraging World Bank Group Balance Sheet for Sustainable Transport
Leveraging World Bank Group Balance Sheet to Mobilize Financing for a Transport Project in Brazil
Interest Rate & Currency Risk Management
The Philippines: Interest Rate Risk Management
Reducing the Philippines' exposure to interest rate volatility
Indonesia: Currency and Interest Rate Risk Management
Proactive Financial Risk Management Helps Indonesia Manage Currency and Interest Rate Risks
Sri Lanka: Interest Rate Fixings
World Bank supports crisis-hit Sri Lanka’s efforts to reduce interest rate risk on its loans
Angola: Interest Rate Fixings
Angola’s Interest Rate Fixings Generate USD 270 Million in Potential Savings
Colombia: Protection Against Interest Rate Volatility
Helping Colombia reduce the risk of interest rate increases in their IBRD debt portfolio
Turkey: Protection Against Foreign Currency Risk
Partial Maturity Currency Conversions: How a Client Was Protected Against Fourfold Currency Depreciation
Commodity Risk Management
Uruguay: Commodity Risk Management - Administración Nacional de Combustibles, Alcoholes y Portland (ANCAP)
Protecting State-Owned Enterprises Against Commodity Price Volatility
Morocco: Currency Risk Management
Helping Morocco Mitigate Currency Risk on Liabilities Owed to a Third Party
Uruguay: Weather Derivative for Energy Production
Mitigating the Impact of Drought on Energy Production in Uruguay
Malawi: Weather Derivative for Food Security
Mitigating the Impact of Drought on Food Security in Malawi
Disaster Risk Management
Mexico: 2024 Catastrophe Bond
World Bank Catastrophe Bonds Provide Mexico with $595 million Financial Protection against Hurricanes and Earthquakes
Jamaica: 2024 Catastrophe Bond
World Bank Catastrophe Bond Renews $150 million Hurricane Coverage for Jamaica
Chile: Catastrophe Bond
World Bank Provides Chile with $630 million Insurance Cover for Earthquake Events
Jamaica: Catastrophe Bond
World Bank Catastrophe Bond provides Jamaica with Financial Protection against Tropical cyclones
Philippines: Catastrophe Bond
Philippines: Transferring the Cost of Severe Natural Disasters to Capital Markets
Kenya: IDA Catastrophe DDO
Kenya Secures First IDA Cat DDO: IDA Credit Supports Kenya’s Efforts to Reduce Climate and Disaster Risk
Philippines: Disaster Risk Insurance
One Insurance Policy - 25 Provinces Insuring the Philippines Against Natural Disasters
Pacific Islands: Catastrophe Risk Insurance
Helping Small Island States Cope in the Aftermath of Natural Disasters
Caribbean Catastrophe Risk Insurance Facility (CCRIF): Catastrophe Bond
Facilitate Catastrophe Risk Transfer
IBRD Enclave Financing
Côte d’Ivoire: IBRD Enclave Lending
Cashing in on Cashews in Côte d’Ivoire Using the Future Export Revenue of Cashew Nuts to Facilitate IBRD Enclave Lending
IDA Scale-up Window
West Africa: IDA 18 Scale-Up Facility Loan
Customizing the IDA 18 Scale-Up Facility Loan: Supporting Affordable Housing Finance in West Africa
Loan Blending and Financial Innovation
Rwanda Sustainability-linked Bond
Rwanda Issues First-Ever Sustainability-Linked Bond (SLB) Backed by World Bank’s Innovative Financial Structure
Tanzania: Blending New IDA 20 Product with IDA SUW
Tanzania Leverages New IDA Financial Product to Maximize Savings
Rwanda: Loan Blending for MSMEs
Mobilizing More Money for Small Businesses in Rwanda through Innovative Blended Finance
Middle East & North Africa: Concessional Financing Facility
Concessional Financing for Refugees and Host Communities in Middle-Income Countries: Overcoming Challenges in Financing Refugee Assistance
China: Blending - Grants with Loans
Blending Financing from Multiple Sources to Reduce the Overall Cost of Financing n China
Mexico: Blending - Long-Term Financing for Clean Technologies
Secure Long-Term Financing for Clean Technologies in Mexico
Mexico: Blending - Residential Energy Efficiency Programs
Investing in Residential Energy Efficiency Programs in Mexico
Sustainable Finance Advisory
Uruguay: Performance-linked Loan
Uruguay Pioneers World Bank's First Loan with Built-in Climate Incentives
Viet Nam's BIDV - Green Bond Technical Assistance
VIET NAM’S OLDEST BANK BIDV ISSUES INAUGURAL GREEN BOND IN THE DOMESTIC MARKET
Brazil: Sovereign Sustainable Bond
Brazil Sovereign Sustainable Bond: Financing a greener, more inclusive, and equitable economy
India: Inaugural Sovereign Green Bond Issuance
India Sovereign Green Bond: Financing Climate Action and Resilient Growth
Colombia: First Sovereign Green Bond
THE FIRST SOVEREIGN GREEN BOND IN LOCAL CURRENCY IN LATIN AMERICA
Indonesia: IIF Sustainability Bond
Helping an Indonesian non-bank financial institution mobilize private capital for sustainable infrastructure
Seychelles: World’s First Sovereign Blue Bond
Seychelles: Introducing the World’s First Sovereign Blue Bond to Mobilize Private Sector Investment to Support the Ocean Economy
Indonesia: Domestic Green Bond
First Corporate Green Bond in Indonesia: Supporting Indonesia’s Efforts to Fight Climate Change
Malaysia: World's First Green Sukuk
Helping Malaysia Develop the Green Sukuk Market: Facilitating Sustainable Financing
Other Advisory
Romania: RAS Advisory Services
Romania: Providing Advisory Services to Use Derivatives as a Hedging Tool in Public Debt Management
Outcome Bonds
Amazon Reforestation-Linked Bond
World Bank Outcome Bond Accelerates Reforestation of the Amazon Rainforest
Plastic Waste Reduction Linked Bond
World Bank Outcome Bond Mobilizes Private Capital for Projects that Tackle Plastic Pollution
Vietnam Emission Reduction-Linked Bond
EMISSION REDUCTION-LINKED BOND MOBILIZES PRIVATE CAPITAL FOR CLIMATE-FRIENDLY PROJECT
Rhino Bond (Wildlife Conservation Bond)
Wildlife Conservation Bond mobilizes private capital to protect critically endangered rhinos