Provides a credit line to finance investment loans as well as issuing guarantees that support investment projects.
It is intended to support long-term sector and multisector strategic objectives in borrowing countries by providing a credit line that borrowers can draw on for projects.
There are two types of CCLIP: the "Sector CCLIP" and the "Multisector CCLIP."
The Sector CCLIP involves a single Executing Agency with proven capacity in a specific sector.
The Multisector CCLIP has two modalities: i) Multisector Modality I (MM-I), where one Executing Agency oversees projects across various sectors, and ii) Multisector Modality II (MM-II), where multiple executing entities manage sector-specific projects.
Lending rate: SOFR base rate + IDB Ordinary Capital variable lending spread:
SOFR base rate is USD SOFR daily overnight compounded rate + IDB's funding margin. Funding margin for 3rd quarter 2025 is 40 bps.
IDB’s Ordinary Capital lending spread - for 2025 is 80 bps.
Fees: Commitment fee 50 bps; applicable on undisbursed loan amount and starts to accrue 60 days after loan contract signature.
Interest and Currency conversion options are available.
For applicable loan charges and conversion option fees, please refer to www.iadb.org/rates
Flexible repayment options subject to a maximum maturity of 25 years, and maximum Weighted Average Life (WAL) of 15.25 years.
Standard Grace Period: 5.5 years.
Standard amortization schedule (semiannual, straight-line payments), bullet repayment structures, extended grace periods, uneven amortization schedules, and shorter repayment periods are available without additional cost.
Investments with defined objectives and scopes
Specific Investment Loans
(ESP)
Contingent credit line for immediate response after a disaster
Contingent Credit Facility for Natural-Disaster and Public-Health Emergencies
(CCF)
Results of an existing or new government program
Loan Based on Results
(LBR)
Post-disaster response activities
Immediate Response Facility for Emergencies caused by disasters
(IRF)
Small independent investment projects
Multiple Works Loans
(GOM)
Loans to small and medium-size enterprises
Global Credit Loans
(GCR)
Transfer of technical know-how
Reimbursable Technical Cooperation
(TCR)
Project's preparation and start of activities
Project Preparation and Execution Facility
(PROPEF)
Risk of investment projects
Partial Credit Guarantees
(PCG)
Sovereign non-performance risks leading to debt default
Political Risk Guarantees
(PRG)
Credit line to support investment loans
Conditional Credit Line for Investment Projects
(CCLIP)
The Multisectoral Pre-Investment Program IV (PMP-IV) aimed to enhance the efficiency of public investment in Argentina by improving the pre-investment cycle at national, provincial, and municipal levels. The program financed feasibility studies, strengthened institutional capacity, and supported project preparation to ensure high-quality investments. With a total funding of $25 million, PMP-IV facilitated the development of a pipeline of viable and executable projects, reducing delays and increasing technical quality in infrastructure planning.
The program generated a $27.28 billion portfolio of projects ready for execution, surpassing the initial target of $5.78 billion. It financed 171 pre-investment studies, supporting strategic planning and project structuring in key sectors such as water, sanitation, transportation, and urban development. PMP-IV improved the efficiency of the pre-investment process by cutting project preparation delays by 25%—from 142 days to 107 days — surpassing the target of 120 days. Additionally, 76% of feasibility studies advanced to detailed design. The adoption of digital tools like the Project and Works Management System enhanced transparency and coordination among national and subnational governments, ensuring long-term sustainability.