Germany, May 13 -- The World Bank Group, through its private sector arm, the International Finance Corporation (IFC), today announced the signing of its inaugural Trade Finance Synthetic Securitization (TFSS), a first of its kind transaction that will mobilize private capital to support trade and jobs in emerging markets. The TFSS complements the successful launch of IFC's recent Emerging Market Securitization Program (EMSP), part of the World Bank Group's effort to crowd private capital into emerging markets. The transaction is composed of a portfolio of $500 million of trade assets originated under IFC's Global Trade Finance Program (GTFP). More than half of the portfolio is in low-income and fragile and conflict-affected states, undersco...