The World Bank Treasury (IBRD ? IDA)

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a USD 6 billion benchmark bond that matures in March 2030. The successful USD bond attracted record order volumes from investors around the world against a volatile market backdrop, evidence of the World Bank’s deep access to the capital markets. "This is a tremendous vote of confidence for the World Bank, from our global investor base," said?Jorge Familiar, Vice President and Treasurer, World Bank.?“The transaction underscores the World Bank’s deep access to the capital markets and highlights the unparalleled investor following that the World Bank has built up over decades. Especially in times of high market volatility, investors appreciate the excellent credit quality of the World Bank and high liquidity in our bonds.” Read more> https://lnkd.in/dkkkUC5k #WorldBankBonds

Congratulations to the team: Akinchan (Aki) Jain, Medha Gupta, Sonia R. Amaya, @Jack Michael Alvarez, Stela Mocan, Mora Farhad, and @Sasha Postavnicha!

Mobilizing private capital is fundamental to address the annual USD 4.5 trillion financing gap for developing countries to meet the UN Sustainable Development Goals by 2030. The World Bank has just released two publications about #Romania’s historic EUR 2 billion sovereign green bond issuance which will help the nation mobilize private capital to improve climate resilience and finance Romania's energy transition from coal to sustainable alternatives. ?? Romania Insights From Romania's Inaugural EUR 2 Billion Sovereign Green Bond: https://lnkd.in/eniFnbh5 (25 minute read) ?? Romania Sovereign Green Bond: Financing a Green Transition https://lnkd.in/eQUPadMx (4 minute read) The publications provide information about Romania's green bond issuance, which is supported by the World Bank’s Sustainable Finance and ESG Advisory Program in coordination with the Bank’s Finance, Competitiveness, and Innovation Global Practice. The program provided comprehensive technical assistance to the Government of Romania (Guvernul Romaniei) and the Finance Ministry (Ministerul Finan?elor) to mobilize private capital to fund its energy transition, enhance climate resilience, and diversify its investor base. #Romania | #WorldBankTreasury | #SustainableFinance | #GreenBond | #ESG | #ClimateFinance #sustainabledebt #SamuraiBond

??#jobopportunity?? Our Pension Investments team is looking for a Senior Portfolio Manager to lead the team responsible for investing fixed income portfolios. The Senior Portfolio Manager will lead the team’s portfolio construction, investment due diligence, identification of new managers or investment ideas, oversee the investment of the portfolio in addition to presenting to the Investment Committee among other responsibilities. ??#ApplicationDeadline: March 12, 2025?at 11:59pm *UTC* ??#Location: Washington, DC, United States ??#ApplyHere: https://lnkd.in/dU_WsFxj Please help us spread the word! #Finance #GlobalDevelopment #Jobs

SAVE THE DATE ?? PDM WEBINAR SERIES #6 - "Launching a Sovereign Retail Debt Programme: Insights from Public Debt Managers and Key Takeaways from an OECD Study" ??? Thursday, February 27th, 8-9 am EST | 2-3 pm CET.? Our panel of experts includes: ? Sam Foxall, Policy Analyst, Public Debt Management Team and Financial Markets Unit, OECD ? Murray McCarter, Head of Retail, Funding and Debt Management, National Treasury Management Agency, Ireland ? Paulo Moreira Marques, Head of the Retail Program “Tesouro Direto”, National Treasury Secretariat, Brazil ? Deni Ridwan, Director of Government Bonds, Ministry of Finance, Indonesia The event will be moderated by Sébastien Boitreaud, Lead Financial Sector Specialist, World Bank. Webinar Overview: Join us for an insightful webinar where we delve into the intricacies of launching and managing a sovereign retail debt programme. Drawing on the latest OECD study and experiences from selected public debt managers, this session aims to provide insights on different approaches that may help practitioners and policymakers design and implement effective retail debt programmes. Discussion Highlights: ? Key Considerations for Initiating a Sovereign Retail Debt Programme: Explore the fundamental questions and strategic decisions involved in starting a retail debt programme. ? Overcoming Design and Implementation Challenges: Learn about common pitfalls and effective solutions to ensure a smooth rollout and operation. ? Use of Distribution Channels: Understand the various distribution channels available and how to leverage them effectively to reach retail investors. ? Driving Retail Investor Demand: Discover innovative strategies to attract and retain retail investors, enhancing the success of your programme. ? Characteristics of Successful Sovereign Retail Debt Programmes: Identify the key features and best practices that contribute to a robust and sustainable retail debt initiative. During the event, you will have the opportunity to ask questions through a dedicated Q&A box. Please note: This webinar is exclusively for PDM Network subscribers. If you are not a subscriber yet, please fill the form for free???https://bit.ly/4bvlmh9 A registration link will be emailed to our subscribers. Ministero dell'economia e delle finanze OECD - OCDE The World Bank Treasury (IBRD ? IDA) #sovereigndebt #publicdebtmanagement #retaildebt #retaildebtprograms #retaildebtinstruments #retailinvestors #savings #financialliteracy #financialinclusion #governmentbonds #households #interestrates #digitalization #distributionchannels

The World Bank Treasury (IBRD ? IDA)'s Q4 2024 Labeled Bond Market Update is out! Get insights into the emerging market sovereign issuances and the latest policies in #SustainableFinance. Learn how public sector participation is evolving and what to expect in 2025. ??https://cutt.ly/GSSS (Source: Bloomberg)

From challenge to solution: Here's how The World Bank Group’s $60 million contingent financing from IDA kept essential imports flowing in #Malawi Read the full case study here: ?? https://lnkd.in/eKw5wWPY When Malawi faced severe foreign exchange shortages affecting its ability to import essential items in 2023, The World Bank deployed its latest contingent financing tool: Investment Project Financing with Deferred Drawdown Option (IPFDDO), financed with an IDA grant. ?? One year later, the results speak for themselves: The first transaction of $1 million has already enabled the import of 1,500 metric tonnes of fertilizer, with an additional $25 million pipeline under review - just in time for Malawi's rainy season. ?? Our newly published case study details how this financial product helps secure essential imports by: o??De-risking letters of credit for banks o??Creating a multiplication effect through a unique recycling mechanism in Malawi’s IDA envelope o??Providing contingent financing without increasing the country's debt burden #FinancialInnovation #Development #Africa #Malawi #WorldBank #TradeFinance #IPFDDO #IDAworks

Today, we are celebrating the Climate Investment Funds (CIF) directly tapping into international capital markets through the CIF Capital Markets Mechanism (CCMM) at the London Stock Exchange. ?? The inaugural bond has raised an impressive $500 million, with global investors showing overwhelming interest - generating over $3 billion in orders! ?? A World-Class Partnership The World Bank serves as both Trustee and Treasury Manager, bringing its expertise to: -Bond issuances -Liquidity management -Financial risk management -Financial reporting Through CCMM, we're creating a blueprint for other multilateral funds to follow, potentially unleashing billions in private sector capital for sustainable development. ?? A heartfelt thank you to all our investors and partners whose trust and vision have made this possible. #Sustainability #CleanEnergy #GreenInvestment #Innovation Learn more at: https://lnkd.in/dRp9b33G

??The World Bank Treasury (IBRD ? IDA), Capital Markets and Investments - Market Solutions and Structured Finance?(CMIMS) team is looking for a Financial Analyst. ??Application deadline: 3/2/2025? ??Learn more and apply here: https://lnkd.in/eWiXbPW4 ? #DutiesResponsibilities: The Financial Analyst will be responsible for several individual tasks/projects and be an integral part of the Market Solutions and Structured Finance Team.? ?? Delivery of analytical and quantitative work that supports the design and execution of structured bond transactions, in collaboration with other teams in TRE as needed, such as analysis of the pricing of catastrophe bonds and other structured products; ?? Generate and maintain financial models to be used in connection with funding and hedging solutions; ?? Provide research and analytical support with respect to capital market issues as needed;? ?? Develop and customize presentations with team members that illustrate transaction proposals and support discussion with both internal and external stakeholders;? ?? Assist in preparing and delivering workshops on topics related to the work of the team; ?? Produce summaries of relevant meetings with clients, official stakeholders, financial partners, etc.;? ?? Draft briefings for use in meetings with clients and partners. The Financial Analyst is expected to know or rapidly become familiar with outcome bonds and catastrophe bonds and the activities central to the World Bank Treasury. ? #SelectionCriteria ?? Bachelor's degree?and at least 4 years of work experience in a financial and/or quantitative field (Master’s degree preferred);? ?? Excellent communication and teamwork skills; ?? Strong computer skills, not only in Microsoft Office but also in software for advanced analysis (e.g., R or Python); ?? Strong quantitative, organizational, and research skills;? ?? Flexibility and willingness to perform a wide range of tasks (including clerical/administrative when needed); ?? Experience with capital market instruments; ?? Experience in using Bloomberg; ?? Fluency in English including excellent writing skills; ?? Enthusiasm for, and a commitment to, development work. ??Learn more and apply here: https://lnkd.in/eWiXbPW4

Congrats to the team!!