Search Investopedia

International Bank Of Reconstruction And Development - IBRD

Filed Under » , ,
Dictionary Says

Definition of 'International Bank Of Reconstruction And Development - IBRD'

A component of the United Nation's World Bank Group that was established in 1945 with the original mandate of providing funding towards the post-World War II rebuilding efforts. In the modern era, the IBRD's main objective is to provide loans and other financial services to less fortunate countries in hopes of reducing global poverty.  
Investopedia Says

Investopedia explains 'International Bank Of Reconstruction And Development - IBRD'

The IBRD raises captial for the loans via the issuance of AAA rated bonds. Around $10-15 billion worth of bonds are issued on an annual basis. The IBRD has had its AAA credit rating since 1959.

Related Definitions

  • World Bank Group

    Five international organizations dedicated to providing financial assistance and advice to countries struggling with poverty and economic development. The World Bank generally focuses on ...
    Read More »

  • Bank

    A financial institution licensed as a receiver of deposits. There are two types of banks: commercial/retail banks and investment banks. In most countries, banks are regulated by the ...
    Read More »

  • The World Bank

    An international organization dedicated to providing financing, advice and research to developing nations to aid their economic advancement.
    Read More »

    • Inter-American Development Bank - IDB

      A cooperative development bank founded in 1959 to accelerate the economic and social development of its Latin American and Caribbean member countries. The Inter-American Development Bank ...
      Read More »

    • AAA

      The highest possible rating assigned to the bonds of an issuer by credit rating agencies. An issuer that is rated AAA has an exceptional degree of creditworthiness and can easily meet ...
      Read More »

    • Bank Reserve

      Bank reserves are the currency deposits which are not lent out to the bank's clients. A small fraction of the total deposits is held internally by the bank or deposited with the central ...
      Read More »

    • Tax Accounting

      Accounting methods that focus on taxes rather than the appearance of public financial statements. Tax accounting is governed by the Internal Revenue Code which dictates the specific ...
      Read More »

    • Continuously Offered Longer-Term Securities - COLTS

      A type of bond that's been sold by the World Bank since 1989 in order to finance its operations. The bonds range in length from three to 30 years and can be fixed rate, variable rate or ...
      Read More »

    • United Nations - UN

      An international organization formed in 1945 to increase political and economic cooperation among member countries. The organization works on economic and social development programs, ...
      Read More »

    • Multilateral Investment Guarantee Agency - MIGA

      An organization established in 1988 by the World Bank and based in Washington, D.C. The goal of Multilateral Investment Guarantee Agency (MIGA) is to promote investment in developing ...
      Read More »

Articles Of Interest

Sponsored links
Hot Definitions
Partner Links
Suggested Definitions