The OPEC Fund for International Development (OFID) was founded in 1976 and is based in Vienna, Austria. It aims to promote economic development and social progress in developing countries through financing. OFID provides financial assistance in the form of grants and loans and focuses on sectors such as infrastructure, energy, and agriculture.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| OFIDEV 3.88% 2028-04-19 USDOPEC Fund for International Development | Austria | 2028-04-19 | 3.880 | 4.11 |
| OFIDEV 4.50% 2026-01-26 USDOPEC Fund for International Development | Austria | 2026-01-26 | 4.500 | 4.23 |
| OFIDEV 4.50% 2026-01-26 USDOPEC Fund for International Development | Austria | 2026-01-26 | 4.500 | 4.23 |
| OFIDEV 4.63% 2027-02-08 USDOPEC Fund for International Development | Austria | 2027-02-08 | 4.625 | 3.95 |
| OFIDEV 4.63% 2027-02-08 USDOPEC Fund for International Development | Austria | 2027-02-08 | 4.625 | 3.95 |
| OFIDEV 5.04% 2026-03-10 USDOPEC Fund for International Development | Austria | 2026-03-10 | 5.040 | 4.47 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Since its inception, OFID has actively participated in the bond market to raise funds for its development initiatives. The organization began issuing bonds in 2002, with significant issuances including a notable $1 billion bond in 2018 aimed at financing sustainable projects. Currently, OFID bonds offer yields competitive with similar development finance institutions, making them an attractive option for investors. Their bonds also feature a sustainable development focus, reflecting the organization's commitment to financing projects that benefit low- and middle-income countries.