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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Investors offload emerging-market bonds with negative yields

Yahoo Daily News 17 Jul 2019

LONDON (Reuters) - Global investors plan to ditch emerging-market bonds whose yields have been dragged into negative territory by the renewed commitment of the world's major central banks to continue monetary easing if necessary ... The 33 bonds from 13 issuers trade with an average yield of -0.19%, the bank said....

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UPDATE 1-Investors offload emerging-market bonds with negative yields

CNBC 17 Jul 2019

LONDON, July 17- Global investors plan to ditch emerging-market bonds whose yields have been dragged into negative territory by the renewed commitment of the world's major central banks to continue monetary easing if necessary ... ....

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European Investment Bank: the EU’s hidden giant

Business Day Online 16 Jul 2019

Although its balance sheet, at €556bn, is more than double the size of the World Bank and almost 10 times the European Bank of Reconstruction and Development, the EIB has largely steered clear of scrutiny ... required by law” by contrast with other public bodies like the World Bank....

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Goldman Sachs says Lebanon’s Eurobonds undervalued

Daily Star Lebanon 15 Jul 2019

One of the leading investment banks in the world gave an upbeat assessment of Lebanon’s sovereign Eurobonds when it asserted that these bonds are undervalued ... ....

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Jamaica to host major international disaster risk conference

Jamaica Observer 14 Jul 2019

In addition, he said that the Government is working with the World Bank to develop a catastrophe bond that will generate additional funding “to protect Jamaica from the worst possible natural disaster event… that can derail our fiscal trajectory”....

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Dollar debt dangers

The Siasat Daily 14 Jul 2019

This is a marked change from the past when India issued government bonds in rupees, and borrowed in foreign exchange only from official lenders like the World Bank ... So why issue a foreign currency denominated bond? ... Foreign bankers often meet finance ministry officials, trying to persuade India to issue a foreign bond....

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Value of global China

Korea Times 14 Jul 2019

China-2 world/2019-07-14(코리아타임스) ... SHANGHAI ― Over nearly 40 years of economic reform, China has reaped extraordinary rewards from opening up to the world ... Moreover, while China's banking, securities, and bond markets all rank among the world's top three in size, foreign entities account for less than 6 percent of their value....

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Interview: AIIB's achievement in early stage remarkable: Luxembourg's finance minister

Xinhua 13 Jul 2019

Gramegna is particularly proud of the prosperous green bond market in Luxembourg as an important international financial center, noting that the European Investment Bank (EIB) based in Luxembourg issued the world's first green bond in 2007 and Luxembourg Green Exchange, the ......

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Explainer: Is Indiaâs sovereign bond announcement in Budget 2019 a boon or bane?

Moneycontrol 12 Jul 2019

Hence, smaller developing countries lack the capacity to issue these bonds on their own and seek aid from institutions like the World Bank which would have its own set of rules for borrowing ... Bank of America Merrill Lynch's Jayesh Mehta said, "Sovereign bond issuances (overseas) ......

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DP World hires banks for $1bn bond to finance Topaz acquisition

MENA FN 11 Jul 2019

(MENAFN - Muscat Daily) Muscat - DP World Plc mandated banks to raise about US$1bn of bonds to finance the acquisition of Topaz Energy & Marine, according to three peo... ....

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S&P Rating Is Landmark for Chinese Bond Market

Wall Street Journal 11 Jul 2019

The move is a milestone for the $13.3 trillion onshore bond market, where foreign investment ......

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UPDATE 2-DP World set to raise $1.3 bln in bonds and sukuk

Reuters 11 Jul 2019

Port operator DP World is set to raise $1.3 billion on Thursday through conventional and Islamic bond issues, documents issued by banks involved in the deal showed ... ....

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Explained: Why a corporate bond market

Yahoo Daily News 10 Jul 2019

Most of the demand for these securities is from investors such as banks that have to mandatorily hold these bonds as part of regulatory norms ... In India, given the absence of a well functioning corporate bond market, the burden of financing infrastructure projects such as roads, ports, and airports is more on banks and the general government....