World Bank Project Deck slide image

World Bank Project Deck

21 DIVERSIFIED SHAREHOLDER BASE WORLD BANK'S STRONG CREDIT QUALITY QUALITY LOAN PORTFOLIO PRUDENT RISK MANAGEMENT SUBSTANTIAL LIQUIDITY • · The target liquidity level represents 12 months coverage as 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 target liquidity level was set at US$59 billion, US$5 billion higher than FY23 Target Liquidity Level due to higher projected debt service for FY24. Liquidity portfolio is conservatively managed against strict guidelines. Eligible investments are highly rated fixed income securities rated AA- or better for governments and agencies, and AAA for corporates and ABS. 34 21 21 28 21 21 34 4 22 333 Liquid Assets (as of the end of each Fiscal Year) 51 45 42 25 26 28 28 5 83 79 80 79 75 72 70 66 68 57 549 54 99 56 52 52 22 ။ 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 ■Required Liquidity (US$ bn) Actual Liquid Assets (US$ bn) THE WORLD BANK Treasury
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