World Bank

The World Bank is an international financial institution that provides loans to developing countries for capital programs. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group, which is part of the United Nations system.

The World Bank's official goal is the reduction of poverty. However, according to its Articles of Agreement, all its decisions must be guided by a commitment to the promotion of foreign investment and international trade and to the facilitation of Capital investment.

World Bank Group

The World Bank is not to be confused with the World Bank Group, an extended family of five international organizations:

International Bank for Reconstruction and Development (IBRD)

International Development Association (IDA)

International Finance Corporation (IFC)

Multilateral Investment Guarantee Agency (MIGA)

International Centre for Settlement of Investment Disputes (ICSID)

This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/World_Bank

Latest News for: World bank bonds

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The decline and fall of the fossil-fuel empire

Business Day 04 Jun 2020

“We are witnessing the decline and fall of the fossil-fuel system,” said Kingsmill Bond, a co-author ... after sector and country after country, and the Covid-19 pandemic has accelerated this,” Bond said ... They also account for trillions of dollars of corporate bonds and bank debt....

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‘Terminal decline’ of fossil industry risks crisis unless regulators act: study

Metro USA 04 Jun 2020

“We are witnessing the decline and fall of the fossil fuel system,” said Kingsmill Bond, a co-author ... this,” Bond said ... envoy Mark Carney, a former governor of the Bank of England ... They also account for trillions of dollars of corporate bonds and bank debt....

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German Bund yields at highest since mid-April as risk appetite grips world markets

Canada Dot Com 03 Jun 2020

LONDON — Germany’s benchmark 10-year Bund yield rose on Wednesday to its highest since mid-April, pushed up by optimism in world markets a day before a European Central Bank meeting. Italy’s borrowing costs also edged higher as the country started the process of selling a new 10-year government bond via a syndicate of banks....

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East Africa: Pandemic Bond - EA States to Access Up to $15m From World Bank

All Africa 02 Jun 2020

East African states will access up to $15 million ......

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The Bank of Canada: In Crisis and Beyond

GlobalResearch 02 Jun 2020

On April 1, the Bank of Canada began a major bond-buying program, following the tracks of the US Federal Reserve and other central banks around the world ... This is typically accomplished through forward guidance and bond purchases, and involves central banks purchasing whatever volume of bonds is necessary to achieve the target rate....

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Supporting the AfDB is good business for the United States

Business Day Online 01 Jun 2020

This letter follows your recent correspondence to the Chair of the Board of Governors of the African Development Bank Group ... This is in addition to the successful launch of an oversubscribed $3 billion Fight COVID19 social bond on the London Stock Exchange, making the largest US dollar denominated social bond ever in world history....

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DOF secures $4.55b worth of foreign loans

Manila Standard Today 31 May 2020

It said of the amount, $1.7 billion came from the ADB, $500 million from the World Bank and another $2.35 billion from the dual-tranche issuance of the Philippines’ global bonds, which fetched coupon rates of 2.45 percent for the ......

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Real World Economics: Modern Monetary Theory is seductive nonsense

Pioneer Press 31 May 2020

A nation with a high savings rate, as we had in World War II, can sell these bonds to its own citizens, insurance companies and investment funds ... By law, the central bank cannot fund deficits through buying bonds directly from the Treasury. But the Treasury sells its bonds into world financial markets and the Fed buys bonds out of the same markets....

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Redefining and Redesigning Afghanistan’s Banking and Financial Sectors

Khaama Press 31 May 2020

In essence, a bank is a bridge between an individual who does not have the capital to a person that does ... Central Banks all around the world apply ‘sovereign bonds’ as well as ‘interest rates as key tools in driving liquidity and managing inflation and deflation rates; however, this is not the case in Afghanistan....

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JPMorgan provides 5 charts that suggest the stock market still has 'plenty of room' to ...

Business Insider 29 May 2020

Part of JPMorgan's argument is similar to a recent note from Bank of America, which pointed to a potential "Great Rotation" by investors from bonds into stocks ... in cash holdings and the expansion of the value of the bond universe partly offset the equity rally," the bank said....

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Bulls Driving Canada Stocks Higher Ask: What's the Alternative?

Canada Dot Com 29 May 2020

Billions of dollars in government and central bank stimulus have boosted sentiment. People will start spending again as the world reopens gradually. And bond yields? They’re paltry ... Add to the list of positives, Canada’s big six banks which reported earnings....

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BMO Financial Group signs IFC led Operating Principles for Impact Management

The Record 28 May 2020

... bank in Canada to structure a BMO committed to a 2020 goal to match 100% of its electricity usage with electricity produced from renewable sources across global operationsTo date, World Bank has issued 9 Sustainable Development Bond benchmark-sized tranches in USD and CAD....

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USD/SEK: krona in tight range as Swedish unemployment rate surges

Invezz 25 May 2020

That will be the worst slowdown since the second world war ... As part of this QE, the bank is buying government bonds and billions of high grade corporate bonds ... Members have raised questions about whether it is legal for the central bank to buy into corporate bonds. In response, the bank hired Blackrock, the biggest investment manager in the world....