Reducing the Philippines' exposure to interest rate volatility

The World Bank helped the Philippines protect $11.13 billion against interest rate increases. At the request of the Philippines Department of Finance, the World Bank fixed the interest rates on its IBRD loan portfolio to reduce the Philippines' exposure to interest rate volatility. Leveraging its triple-A credit rating and large network of market counterparties, the Bank executed $11.13 billion of interest rate swaps with the market, providing the Philippines with the needed hedging solution at competitive terms in line with their expectations. ---- Contents of this video ------------------------------------ 0:00 - Intro 0:00:08 - Philippines' Motivation for Financial Risk Management 0:00:30 - Managing Risk with World Bank Loan Options 0:01:08 - Philippines-World Bank Partnership 0:01:26 - Fixing Interest Rates for the Philippines 0:01:47- Benefits of Fixed Interest Rates for Filipinos 0:02:21 - World Bank's Support in Interest Rate Risk Management To learn more about World Bank Financial Products and Client Solutions, visit https://treasury.worldbank.org/en/abo...