United States, May 1 -- International Finance Corporation, a member of the World Bank Group, issued its inaugural benchmark public bond denominated in Hong Kong dollars (HKD). Supported by a robust order book, the three-year social bond raised $5 billion Hong Kong dollars (equivalent to approximately 650 million US dollars), the largest issuance size denominated in the currency by a supranational.The transaction marks the first Hong Kong dollar denominated social bond issued in a public format by a supranational. The bond, which was settled through the Central Moneymarkets Unit, was oversubscribed with orders exceeding the issue size by more than one time. Interest came from local investors as well as other institutional investors across th...