IDA's Road to the Capital Markets

Uploaded by World Bank Treasury on 2018-04-19.

http://www.worldbank.org/en/news/press-release/2018/04/24/idas-debut-bond

On April 19, 2018, the International Development Association (IDA) made its debut in the capital markets, joining a select group of top-tier supranational issuers with its first bond—a US$1.5 billion benchmark on the back of an orderbook totalling US$4.6 billion from investors around the world.

IDA’s inaugural issue is a rare opportunity for private investors to direct funds towards some of the poorest, and most fragile, countries in the world. Under IDA 18, financing instruments are expanded to promote resilience, crisis preparedness and assistance for refugees and their host communities. AIM is very pleased to support these critical initiatives through our investment.
— Stuart Kinnersley, Managing Partner