IDA's Borrowing Programs slide image

IDA's Borrowing Programs

LIQUIDITY CAPITAL ADEQUACY 21 221 • • QUALITY LOAN PORTFOLIO PRUDENT RISK MANAGEMENT LIQUIDITY IDA's prudential minimum liquidity level is set at 80% of 24 months of projected net outflows and is calculated at the beginning of every fiscal year. Actual liquidity exceeds the estimated liquidity requirement to provide financial flexibility in the timing of new debt issuance while meeting obligations. The FY24 prudential minimum liquidity level was set at US$24.7 billion. Portfolio is conservatively managed against strict guidelines. Eligible investments are highly rated fixed income securities rated AA- or better for governments and agencies, and AAA for corporates and ABS (same as IBRD). 45 STRENGTH OF MEMBER SUPPORT Liquid Assets (as of the end of each Fiscal Year) 40 35 34 55 35 32 30 30 25 20 15 11 10 10 39 37 21 21 19 19 16 30 30 5 0 2018 2019 2020 2021 2022 2023 Required Liquidity (US$ bn) Actual Liquid Assets (US$ bn) IDA International Development Association WORLD BANK GROUP
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