The World Bank's First USD Benchmark Bond of the 2026 Fiscal Year is a 10-Year with Record Orderbook
United States, Aug. 19 -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 5 billion benchmark bond that matures in August 2035. The World Bank's successful USD bond attracted its largest ever 10-year order book with investors around the world. With more than 180 investor orders, the transaction attracted over USD 13 billion high-quality investor orders, primarily driven by bank treasuries, central banks/official institutions, and asset managers.The lead managers are BMO Capital Markets, HSBC, JP Morgan, and Wells Fargo. The bond pays a semi-annual coupon of 4.375%, offers a spread of 8.98 basis points versus the reference US Treasury and will be listed on the Luxembourg Stock Exchange...
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