PDF-PRODUCT NOTE Catastrophe Deferred Drawdown Option The Development Policy Loan with a Catastrophe Deferred Drawdown Option Cat DDO is a contingent credit line that provides immediate liquidity to IBRD
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Published 2015-01-14 | 6734 Views
It is part of a broad spectrum of risk financing instruments av ailable from the World Bank Group to help borrowers plan efficient responses to natural disasters
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