The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) has issued a 10-year Swedish krona-denominated benchmark bond, raising SEK 3 billion ($289 million). This bond, maturing on 10 October 2034, was placed with Nordic investors and facilitated by Nordea Bank Abp, which acted as the lead manager.
The bond offers an annual coupon rate of 2.5% and was issued at a price of 98.422%, yielding an annual return of 2.682%. It is listed on the Luxembourg Stock Exchange and is available for clearing through Euroclear and Clearstream. The bond, issued with a minimum denomination of SEK 10,000, carries the ISIN code XS2916988913.
The World Bank continues to leverage capital markets to support its development financing, offering opportunities for investors to participate in sustainable development initiatives globally.