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

photo: AP / John Moore

Khaled al Otaiby, an official of the Saudi oil company Aramco watches progress at a rig at the al-Howta oil field near Howta, Saudi Arabia, on Feb. 26, 1997. Energy is the big strand in a web of U.S.-Saudi economic ties that has grown in the six years since an American-led army rolled back Iraqi aggression in the Persian Gulf. (AP Photo/John Moore)hg3

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Dana Gas to use Egyptian asset sale to pay down sukuk

The National 12 Feb 2020

Read More ... Dana Gas secured an agreement in 2018 to restructure and refinance the company’s $700 million (Dh2.6 billion) sukuk, which had been the subject of a protracted legal dispute when it surprised creditors including investment bank Goldman Sachs and the world’s largest asset manager BlackRock by declaring its bonds non-Sharia-compliant ... SHARE....

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World Bank's $500m coronavirus push 'too late' for poor countries, experts say

The Guardian 28 Feb 2020

Bank accused of ‘waiting for people to die’ as bonds designed to provide fast funding for pandemics are censured as ......

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Median Total Master Trust Return Continues Positive Performance for Fourth Straight Quarter in Q4 2019 ...

The Saratogian 27 Feb 2020

Aggregate Bond Index return of +0.18% ... fixed income had a median return of +3.73%, versus the FTSE World Government Bond Non-US Index return of -0.07% ... TIPS/Inflation Linked Bonds ... BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE ... FTSE Non-US World Government Bond, FTSE Developed x US Index, Russell 3000 Index .�....

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Pandemic fears pummel European stocks into correction territory

Canada Dot Com 27 Feb 2020

Standard Chartered fell 3.5% after the bank said a key earnings target would take longer to meet as the epidemic adds to headwinds in China and Hong Kong. The broader bank sector was also pressured by a drop in bond yields. The world’s largest beer maker, Anheuser-Busch InBev ......

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Investors flee from controversial pandemic bonds with coronavirus set to trigger payout

Deutsche Welle 26 Feb 2020

Pandemic bonds sound like a curious financial concept — but they were brought in by the World Bank in 2017 to help developing economies. Against the odds, the coronavirus outbreak may see investors lose money on them ... ....

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Pompeo Criticizes Iran, China; Gilead Drug Trials: Virus Update

Yahoo Daily News 25 Feb 2020

stocks head for a fourth straight decline; bond yields fall ... The bonds, sold in 2017 by the World Bank to raise money for poor countries in a global pandemic, are quoted as much as 40% below their face value following coronavirus outbreaks in countries such as Iran and Italy, according to investors who own the securities....

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Live updates: CDC tells Americans to start readying for outbreak

Detroit news 25 Feb 2020

The bonds, sold in 2017 by the World Bank to raise money for poor countries in a global pandemic, are quoted as much as 40% below their face value following coronavirus outbreaks in countries such as Iran and Italy, according to investors who own the securities.Moderna Rallies on Quick Vaccine Turnaround....

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The Weekly Hash – February 17 – 21

Kraken 24 Feb 2020

... whether a real-time simultaneous payment trading system is possible.” The blockchain research regarding the bond market is being conducted with reference to the purported first blockchain bond tx handled by the World Bank and the Commonwealth Bank of Australia in 2018 The Block....

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Blockchain bond needs regulatory clarity before launching

Cryptopolitan 22 Feb 2020

However, the research the Bank of Korea wants to embark on regarding the blockchain bond is in line with the case of the World Bank (WB) as it has issued Blockchain Bond Bond I (BOND-I) with the Commonwealth Bank of Australia (CBA) in 2018 ... the Commonwealth Bank of Australia....

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The World Bank has an insurance policy against virus outbreaks. Here’s why it hasn’t paid out

Market Watch 21 Feb 2020

Catastrophe bond investors and reinsurance consultants, however, say the lack of a payout was not an indictment of the World Bank’s pandemic bond in itself, and more of a reflection of the bond’s strict conditions ... The World Bank said the pandemic bond was designed to swiftly ......

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Bond Commission keeps bank with gun control policies out of the running for roads projects

The Advocate 20 Feb 2020

The State Bond Commission barred two of the largest banks in the world from participating in efforts to fund some highway projects in Louisian… ... Anger over gun policies adopted by two of the world’s largest banks after recent mass shootings threatened funding for highway projects in Bat…....

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South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market

Helena Bitcoin Mining 20 Feb 2020

The BOK is said to have been inspired by the World Bank, which has raised a total of $108 million through two bond sales held on a private version of the ethereum blockchain, together with the Commonwealth Bank of Australia ... Similarly, it is unclear if the blockchain bond platform could be made to support a central bank digital currency (CBDC)....

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