What if there was a giant, untapped treasure trove that the World Bank
   could mine for tens of billions of dollars in new, low-cost
   lending within the next 12 months? And what if it could make use of
   Special Drawing Rights – the reserve asset created by the International
   Monetary Fund, many of which are languishing in central banks and
   treasuries?
   Enter the brainchild of two experts. They propose that the World
   Bank [1]could issue a set of bonds denominated in SDRs, a move
   that could double the size of the bank’s primary lending wing and give
   high-income countries a workaround to existing barriers in using those
   SDRs to support low-income countries.
   Shabtai has the details on this fairly technical proposal. All it will
   take is what he calls “financial wizardry” — so we’ll see if the bank
   and its shareholders take up the idea.

References

   1. https://t.devex.com/dc/kyXVoDpAY__Vu56MNr4POsOu8-V3XC2wqJP1JI_OWCtc_mhrtlV94S4tyJS8tBBmrhicIer5AM3mv5VVMHR4-oCQmHzKDUi2Edp_Q2nBgBpJLYkod6qQUYUwEtwf9ieGwz2XMFzf-xBaF05CQiMNIcVA62yZljSv9tK2-kFbDwfPRqJDjqkwFD4PK2gLXl8A8NvWAZE0xw_KPu74xWALO6J42zXw92wSocUHofazctsnIYjXVGQCO1IopkBfaB6Za15wNi5u7ra-Ac9nzPG0B0_nkXNxmRfoKn5bvWa6x-g=/Njg1LUtCTC03NjUAAAGKW8nRVpJSflW4-zsQdOIRjfhungx9fDgTRKzfu9pHROZcyFX-2OUyFIOFjaO66yAnH25BB6g=