World Bank Raises $4B Through New Sustainable Development Bond

World Bank Taps Strong Investor Appetite With $4 Billion Sustainable Development Bond

Investors piled into the World Bank’s latest bond offering. The institution priced a $4 billion seven-year sustainable development bond that drew more than $11 billion in orders from over 150 accounts. Demand came from a mix of bank treasuries, central banks, official institutions and asset managers. The transaction signals continued confidence in the World Bank’s credit and its role funding projects across developing economies. The bond, issued…

World Bank raises $4B through new sustainable development bond

The international financial institution said the seven-year bond will support its goal to “mobilize capital for sustainable development.”

World Bank Issues $4 Billion Sustainable Development Bond

The World Bank announced that it has raised $4 billion through the issuance of a new 7-year benchmark Sustainable Development Bond. World Bank Sustainable Development Bonds support the financing of a combination of green and social projects, programs, and activities in member countries. Investments support the World Bank Group mission to end extreme poverty and […]