International Bank Of Reconstruction And Development - IBRD

AAA

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 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 TERMS
  1. Multilateral Investment Guarantee ...

    An organization established in 1988 by the World Bank and based ...
  2. United Nations - UN

    An international organization formed in 1945 to increase political ...
  3. Continuously Offered Longer-Term ...

    A type of bond that's been sold by the World Bank since 1989 ...
  4. Bank Reserve

    Bank reserves are the currency deposits which are not lent out ...
  5. Tax Accounting

    Accounting methods that focus on taxes rather than the appearance ...
  6. World Bank Group

    Five international organizations dedicated to providing financial ...
Related Articles
  1. Change The World One Investment At A ...
    Mutual Funds & ETFs

    Change The World One Investment At A ...

  2. What Is The World Bank?
    Insurance

    What Is The World Bank?

  3. What Is An Emerging Market Economy?
    Economics

    What Is An Emerging Market Economy?

  4. What Is The Bank For International Settlements?
    Personal Finance

    What Is The Bank For International Settlements?

comments powered by Disqus
Hot Definitions
  1. Correlation

    In the world of finance, a statistical measure of how two securities move in relation to each other. Correlations are used ...
  2. Letter Of Credit

    A letter from a bank guaranteeing that a buyer's payment to a seller will be received on time and for the correct amount. ...
  3. Due Diligence - DD

    1. An investigation or audit of a potential investment. Due diligence serves to confirm all material facts in regards to ...
  4. Certificate Of Deposit - CD

    A savings certificate entitling the bearer to receive interest. A CD bears a maturity date, a specified fixed interest rate ...
  5. Days Sales Of Inventory - DSI

    A financial measure of a company's performance that gives investors an idea of how long it takes a company to turn its inventory ...
  6. Accounts Payable - AP

    An accounting entry that represents an entity's obligation to pay off a short-term debt to its creditors. The accounts payable ...
Trading Center