One way of achieving this is that the IFIs itself issued debt in currencies of emerging countries, in line with various types of transactions carried out in recent years (usually by taking advantage of their best rating). In this sense, IFIs often operate as a catalyst agent, leading the first issuance (start ups) in currencies of emerging countries in both local and international markets.
The issuing of IFIs could also help decoupling the sovereign risk of currency risk, meeting the demand for assets in local currency (for example, from domestic institutional investors, with liabilities in local currency but with fear of sovereign defaults). Instruments in local currency rating to AAA would be of interest to such investors.