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Financial Data

New online resource spotlights debt statistics news and trends

Parul Agarwal's picture
We're thrilled to share the news about our brand new Online Quarterly Bulletin, which features debt statistics news, trends, and events. Laid out in the format of an e-newsletter, this quarter's issue focuses on:
  • Debt statistics products, coverage, and methodologies
  • External debt trends of 2015
  • International debt statistics-related activities and summaries
One area we'd like to highlight is the interconnection of the many types of debt statistics that the World Bank collects, manages, and disseminates.
 
The World Bank collects annual external debt statistics through the World Bank Debt Reporting System (DRS) and publishes it annually in the International Debt Statistics (IDS) publication. This annual data is complemented by our quarterly external and public debt statistics captured through the Quarterly External Debt Statistics (QEDS) database and the Public Sector Debt (PSD) database.  To help illustrate this interconnection, we've created the below graphic.
 


 

Sub-Saharan Africa’s sovereign bond issuance boom

Rasiel Vellos's picture

The newly released 2016 edition of the International Debt Statistics (IDS) shows a rapid rise in sovereign bond issuance in some Sub-Saharan African countries. This includes those countries that have benefited from Heavily Indebted Poor Countries (HIPC) and Multilateral Debt Relief Initiative (MDRI) debt relief programs.

The chart above shows that sovereign bond issuance in certain Sub-Saharan African countries has risen substantially over the past 4 years. At the end of 2011, bond issuance totaled $1 billion and by the end of 2014, it amounted to $6.2 billion. Steady global market conditions and the potential for higher returns for investors have helped pave the way for more access to international markets, where the average return for these bond issuances is about 6.6%, with an average maturity of 10 years.

For these Sub-Saharan African countries, the proceeds from these sovereign bonds are used to benchmark for future government and corporate bond markets issues, to manage the public debt portfolio, and for infrastructure financing.

It Takes a Village: Taking Open Data to an Offline Community in Indonesia

Samuel Lee's picture

This is the first of a two-part blog series on offline open data pilots recently conducted in Indonesia and Kenya. Part one focuses on Indonesia, while the subsequent blog post will describe our findings in Kenya. This series is part of a larger project on the demand for open financial data being conducted by the World Bank Group Open Finances program and World Bank Institute’s Open Contracting Partnership.

Meet Gede Darmawan and Gede Sudiadnya, who live in the village of Desa Ban in Indonesia. These two young men were a part of a story of transformation, one that saw them turn from passive receivers of information to active engagers. It was a remarkable display of the potential power of open financial data.

Gede Darmawan (age 17), Gede Sudiadnya (age 22)
Gede Darmawan (age 17), Gede Sudiadnya (age 22)

Survey Says: More Focus on Demand for Financial Data

Samuel Lee's picture

While working on the Open Finances and Open Contracting programs something had become very clear: there was a growing and pervasive sense in the open data space that more work could and should be done on the demand side of open financial and contracting data.