As a contributor to How Should Microfinance Institutions Fund Themselves? (an Inter-American Development Bank, IDB, publication), Banyan Global produced an annex outlining the analysis and procedures involved in issuing debt and equity for microfinance institutions (MFIs). The annex described the most commonly used methods to raise capital in the major microfinance markets and analyzed the evolution of funding sources, from concessionary and quasi-commercial lending provided by donors and local banks to commercial debt and equity issued by capital markets. The guide also provided a forward-looking assessment of funding options for MFIs.