IFC

This week's scorecard looks at the progress of supranationals in their funding programme, including World Bank and IFC's first week of their new funding year.

Bank Nederlandse Gemeenten placed its inaugural social bond on Wednesday sharing the socially responsible investment (SRI) sector with a tap from the International Finance Corporation. The Dutch agency now wants more of the same.

Supranationals are experiencing a resurgence in interest in structured notes and, for some issuers, switching to two-way credit support annexes is enabling them to make the most of the demand.

The International Finance Corporation has sold a $30m June 2046 linear callable zero note, in response to a series of enquiries for the product.

Read on to see how far selected supranationals have progressed with their funding for the year.

The International Finance Corp and ADM Capital have launched a new $100m fund that will be used to syndicate loans to cash strapped small and medium sized companies in Asia, which have found themselves locked out of debt markets. While the venture wants to be a safety net for SMEs, the market will take some convincing, writes John Loh.

IFC and ADM Capital have launched a new platform that aims to syndicate lending to sound but financially stressed companies in Asia, filling a gap in lending to small and medium-sized enterprises.

Phnom Penh Special Economic Zone (PPSEZ) is set to become the fourth IPO on the Cambodian Stock Exchange after gaining regulatory approval to list.

With spring finally arriving in London, public sector bankers were warming up for an expected burst of dollar issuance as the second quarter kicks in next week — with a full rainbow of maturities available for the first time since the summer, writes Craig McGlashan.

The International Finance Corporation proved that there is demand for the tightest of issuers at the 10 year part of the dollar curve, after it printed a $700m April 2026 global green bond on Wednesday.

The International Finance Corporation placed on Wednesday the first ever bond denominated in Namibian dollars from an issuer outside the country.

Issuers have nipped into the euro market after Easter with some canny deals. Meanwhile the dollar market was watching US Federal Reserve chairperson, Janet Yellen, who on Tuesday said that the possibility of further rate hikes was “not a plan set in stone”.