World Bank’s $6.5B Sustainable Bond Deal Shatters Records

The World Bank (IBRD) raised $6.5 billion through its largest-ever Sustainable Development Bond issuance, featuring a $3 billion 2-year bond and a $3.5 billion 10-year bond. The issuance attracted over 300 orders totaling $22.7 billion, reflecting strong global demand for sustainable investments. The 2-year bond saw significant investment from central banks, while the 10-year bond had a more diverse investor base. Priced competitively over US Treasuries, the bonds will be listed on the Luxembourg Stock Exchange. This record transaction highlights the World Bank’s leadership in the sustainable bond market and growing investor interest in sustainable investments. Resources: https://esgnews.com/world-banks-6-5b-sustainable-bond-deal-shatters-records/