What types of debt products does the World Bank offer?
The World Bank offers a wide range of debt instruments available in the capital markets. For 60 years, the World Bank has continuously working to develop new types of debt products in order to meet the specific needs of both its institutional and retail investors throughout the world. World Bank debt instruments can be classified into four main categories: (i) benchmark and global bonds in major world currencies that provide high liquidity and spread performance and are generally placed with institutional investors; (ii) plain vanilla and emerging currency bonds that offer a potential yield pick-up for retail and institutional investors without credit risk; (iii) structured notes that are often custom-made to fit the particular asset and liability management requirements of institutional investors, and (iv) USD discount notes with maturities from one day to 360 days. The primary objective of issuing World Bank debt instruments is to meet investors’ needs by providing a maximum degree o