WB issued bonds in three currencies to finance social Projects!
Banking & Finance
The World Bank (WB) has raised funds by issuing bonds in three different currencies namely Canadian dollars (CAD), Australian dollars(AUD), and United States Dollars (USD) to support the financing of green and social projects, programs and activities in the member countries.
the World Bank issued debt securities in a variety of currencies for a total volume equivalent to approximately US$42 billion.
Since launching its Social Bond Program in 2017, IFC has issued over $8 billion through 92 social bonds and taps in 14 currencies.
This paper aims to provide guidance to issuers of sovereign ESG bonds, with a focus on Emerging Market and. Developing Economies
Headquarters: Washington, D.C., United States
President: Ajay Banga
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