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2019-10-23 11:05:00

WORLD BANK BOND $2 BLN

WORLD BANK BOND $2 BLN

WBG- Washington, DC, October 16th, 2019 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new USD 2 billion 10-year global benchmark bond maturing October 23, 2029.

The transaction was announced at US market open on Tuesday October 15th, with formal bookbuilding commencing the following day. Strong global investor demand led to a granular final orderbook in excess of USD 2.3 billion, with over 95 investors participating in the transaction.

The transaction was priced with a final spread of 12.2 basis…

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