WASHINGTON, D.C., September 29, 2026 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new USD 1.5 billion Sustainable Development Bond linked to the Secured Overnight Financing Rate (SOFR) Index, maturing on December 8, 2032.
The transaction attracted 45 orders with an order book of over USD 2.1 billion from a diverse set of investors seeking a high credit quality investment while supporting sustainable development. This long 6-year SOFR-index linked floating rate note (FRN) pays a coupon of Compounded SOFR +37 basis points (bps).
Nomura, Scotiabank, TD Securities, and Wells Fargo Securities are the lead managers for the transaction. The bond will be listed on the Luxembourg Stock Exchange.
“Doing a transaction of this size and quality in the current market environment reflects the enduring strength of the World Bank’s credit and the trust our investors place in the World Bank Group’s mission,” said Jorge Familiar, Vice President and Treasurer, World Bank Group. “The depth and quality of the orderbook reflects a level of confidence that we believe is unique to IBRD. That trust is built over decades of consistent delivery, and it allows us to access capital markets on the best possible terms, even in challenging conditions, channeling the proceeds toward sustainable development where it is needed most.”
