THE Industrial Development Corporation announced on Wednesday it is to use the local bond market to finance R3-billion to fund job-creating projects. IDC CEO, Khaya Ngqula, said they are to issue use a Domestic Medium Term Note Programme for the first time in South Africa. Merrill Lynch International and Merrill Lynch SA are advisers. Ngqula said the money will be used to fund projects in the manufacturing, tourism and small-scale mining sectors — particularly those which will generate new jobs.