World Bank's Oversubscribed USD 6 billion 5-Year Benchmark Bond is Testament to its Exceptional Global Market Access
United States, March 13 -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 6 billion benchmark bond that matures in March 2030. The successful USD bond attracted record order volumes from investors around the world against a volatile market backdrop, evidence of the World Bank's deep access to the capital markets. Investors were attracted by the liquid, high-quality investment that supports the World Bank's work to end extreme poverty and boost prosperity on a livable planet.With more than 170 investor orders, the transaction attracted a USD 12.3 billion, high-quality order book primarily driven by bank treasuries, central banks, official institutions, and asset managers.The lead mana...
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