IRBD

World Bank prices $6 bln 5-year Sustainable Development Bond

October 22, 2020
The FINANCIAL — The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a global benchmark USD 6 billion Sustainable Development Bond maturing on October 28, 2025.           Very strong demand from global investors for the USD benchmark led to an orderbook of over USD 9 billion, with nearly 180 investor orders, anchored by central banks and official institutions.

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