👉 Credit IOR, or Credit International Obligations, refers to financial instruments issued by entities with international backing, often involving complex structures that combine debt and equity. These instruments are typically used by corporations or governments in emerging markets to raise capital by issuing bonds or other securities that can be traded on international markets. Unlike traditional bonds, Credit IORs may involve credit enhancements, such as guarantees from multilateral development banks or political risk insurance, which reduce the risk for investors and lower interest rates. They are crucial for countries and companies seeking to expand their financial reach and manage debt more effectively in a globalized economy.