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 ...
The World Bank, along with the other multilateral development banks (MDBs), was set up to provide long-term financing for development projects – including in the basic infrastructure needed for ...
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 ...
LONDON, March 19 (Reuters) - The global economy should move toward a multi-currency reserve system from one dependent solely on the dollar and there should be greater use of the IMF and its unit of ...