IDA's Borrowing Programs
6
BANK FOR
INTERNATIONAL
WORLD BANK
TRUCTION
AND
DEVELOP
IBRD
INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPMENT
Provides loans to
governments of middle-
income countries.
DEVELOPMENT
IDA
ASSOCIATION
OVERVIEW
IDA
INTERNATIONAL
DEVELOPMENT
ASSOCIATION
Provides loans and grants
to governments of lower-
income countries.
INTERNATIONAL
IFC
FINANCE
CORPORATION
IFC
INTERNATIONAL
FINANCE
CORPORATION
Promotes development by financing
private sector enterprises in
developing countries.
MULTILATE
INVE
ESTMENT
M.I.G.A.
AGENCY
MIGA
MULTILATERAL
INVESTMENT
GUARANTEE AGENCY
Promotes foreign direct
investment into developing
countries by offering political
risk insurance (guarantees)
to investors and lenders.
INTERNATIONAL
CENTRE
ICSID
SETTLEMENT
OF
INVESTMENT
ICSID
.
DISPUTES
INTERNATIONAL CENTRE
FOR THE SETTLEMENT OF
INVESTMENT DISPUTES
Provides international
facilities for conciliation and
arbitration of investment
disputes.
Issuer of World Bank
(IBRD) Bonds
Funds raised from
donors and IDA Bonds
144A/RegS
Issuer of IFC Bonds
IBRD, IDA and IFC are all three rated AAA/Aaa. They share the same overall development goals,
but are legally separate entities. Each has its own risk profile and capital structure.
The World Bank Treasury is the treasury for IBRD and IDA.
THE WORLD BANK
TreasuryView entire presentation