Skip to Main Navigation

Learning

  • The World Bank Treasury offers a comprehensive learning program to help borrowers (sovereigns and sub-sovereign entities) understand and efficiently use the full range of financial products available from the World Bank. We offer over 45 learning events per year covering a wide range of topics, including IBRD's flagship loan product IBRD Flexible Loan (IFL), financial risk management products, and the World Bank's innovative sustainable financing solutions.

    Virtual or in-person

    Introduction to World Bank Financial Products

    This full-day workshop provides an overview of financing and risk management innovations and the World Bank’s approach to customizing financial solutions for clients, including advisory solutions. Participants will develop a broad understanding of the IBRD Flexible Loan and loan pricing and highlights the application of customized financial solutions in select countries, credits and guarantees, risk management products, contingent credit lines, insurance/reinsurance and derivatives, and World Bank Treasury advisory services.

    IBRD Flexible Loan (IFL)

    This session focuses on the major terms and conditions and innovative uses of the IBRD Flexible Loan (IFL). It provides information about loan-related financial terminology, specific IFL loan terms, pricing, comparison with other financing sources, and its embedded financial risk management options.

    World Bank Financial Risk Management Products

    This session focuses on financial products that help mitigate financial risks, including risks for currency, commodity price volatility, liquidity – contingent credit lines and guarantees - and the fiscal impact of disasters and weather-related events.

    LIBOR transition for client loan portfolios

    This session provides an overview of the measures taken by the World Bank and the market update to make the transition away from LIBOR as seamless as possible for both borrowers and the Bank. It also offers a platform for answering client questions and concerns around the Omnibus Amendment that provides specific language in the General Condition when the LIBOR will cease or become a zombie rate.

    Environmental, Social and Governance (ESG) factors for Sustainable Financing  

    This session provides a better understanding of the current developments and trends in sustainable finance, as well as the advisory services delivered by the World Bank to clients. Participants will learn about the World Bank’s role in developing sustainable finance solutions through capital markets and how clients achieved impact through including ESG factors into their financing decisions. The session will consist of case studies, knowledge products, and tools that help scale-up financing for sustainable development.

    World Bank Disaster Risk Financing Products

    This session focuses on how the World Bank Treasury executes disaster risk insurance products for World Bank clients. It provides a better understanding of how the World Bank transfers clients’ financial exposure to disasters to insurance and capital markets. The session also delivers an overview of timelines, key counterparties, legal documentation, and transaction costs involved.

    Local Currency Financing for IBRD Projects

    This session focuses on local currency financing from IBRD. It provides a better understanding of why local currency financing is used and familiarizes the participants with the availability, price formation, and mechanics of local currency financing.

    World Bank Guarantee Products

    This session focuses on WB guarantee products, including credit guarantees and guarantees covering specific government performance risks. It provides a basic understanding of the products, terms, pricing, applications, and differences between IFC and MIGA guarantee products.

    IBRD Enclave Financing for IDA countries

    This session focuses on financing provided by IBRD to IDA countries, also known as Enclave Financing. It provides a basic understanding of the product, applicability, terms, eligibility, and pricing.

    IDA Single Currency Lending

    Jointly organized by the World Bank Treasury and Development Finance (DFi), this session provides information about the Single Currency Pilot Program that allows IDA countries to borrow from IDA in US dollar, euro, Japanese yen or British pound, increasing the borrowing options available to IDA countries and opening up opportunities to better manage currency risk.

    IDA Scale-Up Window (SUW)

    Jointly organized by the World Bank Treasury and Development Finance (DFi), this session provides information about the financing on IBRD lending terms, which are non-concessional, to Blend and IDA-only countries at low or moderate risk of debt distress. The session gives an overview of eligibility, allocations, and financing terms, and explains how they differ from standard IDA terms.

     

  • Image

    Introduction to World Bank Financial Products

    Meet Miguel Navarro-Martin, Manager of Financial Products and Client Solutions, the team that designs and implements the World Bank financial products and provides advisory services that help clients to maximize access to development financing and mitigate risk. In this short video, he explains the topics covered by the e-learning course.


    Image

    Financial Risk Management Products

    This course focuses on products that help mitigate financial risks including risks for currency, interest rate commodity price volatility, liquidity – contingent credit lines and guarantees - and the fiscal impact of natural disasters and weather-related events .


    GSS-bonds-e-learning-Horizontal-780x439.

    GSS Bonds

    Green, social, and sustainability (GSS) bonds help to raise funds from the capital markets for sustainable development goals and climate actions. The World Bank helps emerging market public sector issuers raise capital to finance expenditures towards sustainable development by issuing these instruments. This course explores the rationale for utilizing GSS bonds, the process for issuing them, and how the World Bank facilitates such transactions.

    Image

    IBRD Flexible Loan (IFL)

    This course focuses on IBRD’s flagship loan product for eligible members. IFL offers a wide choice of financial terms that are tailored to the needs of the purpose of the financing or the member country’s overall debt management strategy. Learn about the maturities, currency selection, pricing options by country, conversion provisions, interest rate fixing/un-fixing options, and more.


    Image

    Disaster Risk Financing

    This course focuses on financial products available to help governments, sub-national governments and state-owned enterprises manage risks related to natural disasters and the weather. The products include contingent financing instruments, insurance/re-insurance, catastrophe bonds, whether derivatives and more.


    LIBOR plane taking off, new reference rates plane landing

    The End of LIBOR

    The end of LIBOR as a reference rate is one of the most significant changes for financial markets in recent times. The World Bank has been working to facilitate a smooth and orderly transition to new reference rates. Starting January 1, 2022, all World Bank loans, except for the existing USD fixed-spread loans, will only be offered in, or gradually switch to, alternative reference rates (such as SOFR, EURIBOR, SONIA and TONA). This course will guide you through the World Bank’s LIBOR transition process for borrowers, and the transition’s impact on the IBRD Flexible Loan and billing practices.