The FINANCIAL -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a new USD 600 million 10-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. This 10-year benchmark adds investors and liquidity to the SOFR market, and marks a milestone in the development of robust alternatives to US dollar London Inter-Bank Offered Rate (LIBOR).…
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The FINANCIAL — According to World Bank, Germany is contributing 10 million…
The FINANCIAL — The World Bank (International Bank for Reconstruction and Development,…
The FINANCIAL — The World Bank (IBRD, Aaa/AAA) priced today a 30-year…
The FINANCIAL -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a new USD 600 million 10-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index. This 10-year benchmark adds investors and liquidity to the SOFR market,…
The FINANCIAL — According to World Bank, Germany is contributing 10 million euros (about US$12.1 million) to the Health Emergency Preparedness and Response Trust Fund Program (HEPR Program), established last year to help developing countries respond to the health consequences of COVID-19…
The FINANCIAL — The World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA) priced a long-dated 5-year AUD 1.1 billion and a 10-year AUD 550 million Sustainable Development Bond representing IBRD’s largest-ever AUD issuance and the largest for the Sovereigns, Supranationals,…
The FINANCIAL — The World Bank (IBRD, Aaa/AAA) priced today a 30-year euro-denominated benchmark bond maturing in January 2051, raising EUR 2 billion from institutional investors around the globe to support the financing of its sustainable development activities. Credit Agricole CIB, Goldman…
The FINANCIAL — The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a global benchmark USD 6 billion Sustainable Development Bond maturing on October 28, 2025. Very strong demand from global investors for the USD benchmark led to an…
The FINANCIAL — The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced new Norwegian krone- and Swedish krona-denominated Sustainable Development Bonds raising approximately US$ equivalent 550 million while engaging with Scandinavian investors to raise awareness for the importance of…
