U.S. Investors Factsheet

A Triple-A-rated Alternative to U.S. Treasuries

Unlocking Value for U.S. Dollar Investors

About IFCAs a triple-A supranational issuer, IFC bonds offer value as an alternative to US
agency debt, with the potential to offer more attractive yields than U.S. Treasuries.

IFC, a member of the WorldThe U.S. dollar market was IFC’s largest source of funding in FY24, accounting for
44% of total volume. We issue in several formats in the U.S. dollar market, including
public benchmark bonds, medium-term notes (MTNs), and retail notes in tenors
ranging from 1 to 30 years.
IFC is a regular issuer of U.S. dollar benchmark bonds, entering the market at least
once per year since 2000 with trades typically ranging between $1 and $2 billion. Asof FY24 end,IFC had eight U.S. dollar global benchmark bonds outstanding, totaling$13.7 billion. IFC also issues U.S. dollar SOFR floating rate notes (FRN). As of FY24end, IFC had one SOFR FRN outstanding, which had grown to $1 billion throughmultiple reopenings (taps).
MTNs are usually executed on a reverse inquiry basis and can be issued in variousstructures, including fixed or zero coupon bullets and callable bonds. They
represented 35% of IFC’s total U.S. dollar issuance in FY24.
Notes issued by IFC are exempt from SEC registration.

Bank Group, is the largest
global development institution
focused on the private sector
in emerging markets. We workin more than 100 countries,
using our capital, expertise,and influence to create markets
and opportunities in developing
countries. In fiscal year 2024,
IFC committed a record $56billion to private companies
and financial institutions indeveloping countries, leveraging
private sector solutions andmobilizing private capital tocreate a world free of poverty ona livable planet.

FIGURE 1: FY24 Borrowings by Market (US$ billions)
9.4

3.3

CORE PUBLIC

MTN

0.3

0.1

FRN

LOCAL CURRENCY(UNSWAPPED)FIGURE 2: FY24 Borrowings By Currency (US$ billions)

5.7

2.5

MOODY’S INVESTORSERVICES, January 2024.

2.4
0.7

USDAUDGBP

The credit profile of theInternational FinanceCorporation (IFC) reflectsa robust capital base, avery strong liquidity andfunding position, strongrisk management, and thepresence of highly rated
shareholders with a strong
willingness and capacity tosupport the corporation.

CAD

0.9

0.3

0.2

0.2

NZD

SEK

CNY

*Others includes NOK, HKD, COP, ZAR, KRW, EUR, MXN, KZT, AZN, ZMW, JMD, CLP, UZS, DOP, BDT.

OTHERS*FIGURE 3: IFC shareholders
FRANCEGERMANYJAPAN
UNITED STATESUNITED KINGDOMINDIACANADAITALY
CHINA
RUSSIAN FEDERATIONSAUDI ARABIANETHERLANDSBELGIUM
AUSTRALIASWITZERLAND
BRAZILSPAIN
ARGENTINA
INDONESIA
KOREA, REPUBLIC OF

5%7%

4%

18%

3%

SHAREHOLDERS
2%164 OTHER
COUNTRIES

25%

1%

SWEDENNIGERIAAAA RatingConsiderations•Owned by 186 member
countries, with over
50% of capital owned by
AAA/AA sovereigns.

•Strong capital position
primarily raised throughretained earnings fromsteady profits since 1956.

•Substantial liquidity buffer
with highly conservativeliquidity coverage ratio (LCR)
and leverage ratios.

•Diverse investor basewith reliable access tothe deepest global
capital markets.

•Highly diversified debtand equity portfoliowith exposure spanning
118 countries and over
2,000 companies.

•Consistently rated AAA/Aaa
by S&P and Moody’s since its
first assessment in 1989.

•Assigned a 0% risk
weighting under theBasel Framework.

The stable outlook reflects S&P Global Ratings’ expectation that IFC will
maintain high capital, strong liquidity, and robust risk management policies. We
expect IFC will continue to deliver on its mandate as its operational and financial
model overhaul in recent years positions it to further mobilize higher levels ofprivate-sector investment and play a central role in the One World Bank strategy
to end extreme poverty and boost shared prosperity on a livable planet.
S&P, GLOBAL RATINGS, March 2024.

Our Value Proposition•

IFC’s mission as part of the World Bank Group is to end extreme poverty andboost shared prosperity on a livable planet.

•We promote sustainable growth through investments in the private sector ofdeveloping countries.

•IFC has more than six decades of experience mobilizing resources in capital
markets to support economic growth and development in emerging markets.

•IFC plays a countercyclical role during times of economic and financial uncertainty.

•We provide advisory services across a wide range of sectors, including
renewable energy, agriculture, health, education, and financial markets, todeveloping economies.

This document does not constitute an offer or recommendation to purchase any notes issued by IFC.

Photo credit: IFC/Emídio Jozine

Funding and Investor Relations Contacts
GLOBAL HEAD OF FUNDING
Flora Chao | fchao@ifc.org

WASHINGTON D.C.
Yuri Kuroki
Head of Funding Americas
ykuroki@ifc.org
Zauresh Kezheneva
Financial Officer
zkezheneva@ifc.org

WASHINGTON D.C.
Investor Relations
Ayelet Perlstein
Head of Investor Relations
aperlstein@ifc.org
Obert Limbani
Associate Financial Officerolimbani@ifc.org
Marsha Monteiro
Financial Analyst
mmonteiro@ifc.org

LONDONSINGAPORE

Elena Panomarenko
Head of Funding - Europe
epanomarenko@ifc.org

Marcin Bill
Head of Funding - Asia
mbill@ifc.org

Roland Maassen
Associate Financial Officer
rmaassen@ifc.org

Hiroyasu Hirano
Financial Officer
hhirano@ifc.org

Investor Relations
Laura Stirling
Digital and CommunicationCoordinatorlstirling@ifc.org

International Finance Corporation 2121 Pennsylvania Avenue NW, Washington, DC 20433
www.ifc.org | www.ifc.org/investors

TOKYOInvestor Relations
Yutaka Yasui
Senior Financial Officer
yyasui@ifc.org