The WFP Treasury Branch seeks to satisfy the following procurement needs: With IPSAS adopted as an accounting standard, WFP has fully recognized all employee benefit liabilities since 31 December 2007. Although all employee benefit liabilities are recognized, not all of them are funded. WFP’s current approach is that only those long-term employee benefit liabilities that have been funded, meaning they have been charged against relevant funds and projects, will have cash and investments set aside. The post-employment employee benefits are defined benefit plans consisting of the After-Service Medical Plan, Separation Payments Scheme, Compensation Plan Reserve Fund, and Other long-term employee benefit liabilities. The Employee Benefit Funds portfolio was funded in 2003 and is made up of two portfolios, a passive global equity portfolio and an actively managed global fixed income portfolio. This RFI is to select the Global Fixed Income investment manager of the Employee Benefit Funds portfolio. The segregated USD mandate size is approximately USD 750 million, and for a three-year period, renewable once for a further three-year period. WFP invites suppliers operating on the relevant market to provide information about their USD Global Fixed Income Investment Management capabilities they offer.