United States, Aug. 26 -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced its first benchmark bond denominated in Hong Kong dollar (HKD), settling locally through the Central Moneymarkets Unit (CMU). The 5-year Sustainable Development Bond raised HKD 7 billion - the largest supranational deal in the HKD market. Funds will be used to support the financing of the World Bank's sustainable development activities in its member countries.The bond offers an annual coupon of 3.012% and was priced at par. Standard Chartered and HSBC acted as the lead managers. The bond will be listed on the Luxembourg Stock Exchange.The transaction attracted an orderbook of over HKD 11 billion - the largest orderbook for ...