Wechua Development Bank
From MicrasWiki
The Wechua Development Bank (WDB) is the government bond issuer, intragovernmental bank, fiscal agent, and financial advisor of the Government of the Wechua Nation.
The bank, along with its subsidiaries and affiliates, serves as the principal entity through which the Wechua Nation channels its issuance of bonds. As an overview, the different [executive agencies of the government of the Wechua Nation and its government-owned corporations either issue bonds with the bank as a proxy, or owe debt to the bank itself (as the bank is a government-owned corporation as well).
History
Organization
Affiliates and Subsidiaries
| Entity | Common name | Type | Responsibility |
|---|---|---|---|
| Authority for the Financing of the Infrastructure of the Wechua Nation | AFI | Affiliate | Infrastructure |
| National Children's Trust Fund | NACTF | Affiliate | Childhood improvements, construction of schools, nurseries, and financing for private entities on child and mother health care. |
| Housing Finance Authority | HFA | Subsidiary | Housing construction, subsidies, and ownership incentives. |
| Public Financing Corporation | PFC | Subsidiary | General obligation bonds. |
| Public-Private Partnerships Authority | PPPA | Affiliate | Public-private partnerships. |
| Tourism Development Fund | TDF | Affiliate | Tourism and hotel industry. |
