SDR-denominated bonds have the potential to significantly strengthen the balance sheet of both the IBRD (The World Bank) and IDA, freeing up cash and helping both institutions deliver on their mandate ...

A hybrid capital instrument is a financial instrument with perpetual maturity that has both debt and equity properties. Such instruments are specifically designed to be subordinated to other types of ...

This blog answers some of the most common questions about how such a bond could work. Many of the questions were originally posed by Devex. Why do we need an SDR denominated bond? A number of ...

LONDON (Reuters) - Including the Chinese yuan in the International Monetary Fund's benchmark currency basket would give it an official seal of approval, eventually leading to global demand worth more ...

LONDON/BUENOS AIRES, June 29 (Reuters) - Argentina, battling a scarcity of dollars, will make payments worth some $2.7 billion to the International Monetary Fund (IMF) this week using its holdings of ...

In August 2021, the International Monetary Fund (IMF) increased its allocation of special drawing rights (SDRs) to member countries by 456 billion units, equivalent to about US$650 billion. This ...

Washington, DC: The Executive Board of the International Monetary Fund (IMF) approved on February 8, 2023 the applications of the Caribbean Development Bank (CDB), the Development Bank of Latin ...

Greece’s government used funds from the country’s reserve account at the IMF, which contains the fund’s own currency, called Special Drawing Rights or SDRs, to repay yesterday’s maturing IMF loan, ...

LONDON, Oct 26 (Reuters) - Including the Chinese yuan in the International Monetary Fund's benchmark currency basket would give it an official seal of approval, eventually leading to global demand ...