Overview
Inter-American Development Bank (IDB)
Policy-Based Guarantees (PBG)
- Risk Covered:
- Credit Risk, Political Risk, Currency Risk, Transfer & Convertibility Risk
- Region:
- Latin America, Caribbean
- Lending currency:
- USD, EUR, CHF, JPY
About this guarantee
Eligibility requirements
Financial terms
Support services
Application process
About this guarantee
Last updated: August 2025
Overview
The IDB issues the guarantee after the fulfillment of a Policy Reform Program. These guarantees enable access to international markets, with the added benefit of receiving Technical Cooperation resources. The IDB supports a series of reforms to be carried out by the Government, in exchange for which it issues a guarantee allowing the Government to obtain financing in capital markets.
