IBRD

What is IBRD ?

IBRD, acronym for International Bank Of Reconstruction And Development, is a component of the United Nation’s World Bank Group. It was founded in 1945 with the purpose of extending financial help to the post World War II rebuilding initiatives.
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However, today, the primary objective of IBRD is to curb global poverty by providing various financial services including loans to underdeveloped and developing countries

The IBRD’s modus operandi for raising capital includes issuing AAA rated bonds. Approximately $10 to $15 billion bonds are issued every fiscal year. The IBRD has been maintaining AAA credit rating for more than half a century (since 1959, to be precise).

Prior to sanctioning a loan, IBRD conduct a thorough study on the economic health of the recipient country as well as the economic policies followed by its government.

Edited and Updated 15th February 2014

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