04/09/2026 | Press release | Distributed by Public on 04/09/2026 16:03
WASHINGTON D.C., April 9, 2026 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 2 billion Norwegian krone-denominated floating rate Sustainable Development Bond that matures on July 16, 2031.
The bond offers a quarterly coupon of 3-month NIBOR + 14 bps and was priced at 100%. DNB and SEB acted as lead managers for the transaction.
The deal was placed primarily with bank treasuries and asset managers in Scandinavia.
Transaction Summary
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Issuer: |
World Bank (International Bank for Reconstruction and Development, IBRD) |
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Issuer rating: |
Aaa/AAA (Moody's/S&P) |
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Currency: |
NOK |
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Amount: |
NOK 2,000,000,000 |
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Settlement date: |
April 16, 2026 |
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Maturity date: |
July 16, 2031 |
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Issue price: |
100% |
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Issue yield: |
3-month NIBOR + 14 bps |
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Denomination: |
NOK 10,000 |
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Coupon: |
3-month NIBOR + 14 bps |
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Listing: |
Luxembourg Stock Exchange |
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ISIN: |
XS3346249603 |
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Clearing system: |
Euroclear/Clearstream |
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Lead manager: |
DNB and SEB |
About the World Bank
The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody's/S&P), is an international organization. Created in 1944, it is the original member of the World Bank Group and operates as a global development cooperative owned by 189 nations. The World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and other creditworthy countries to end extreme poverty and promote shared prosperity on a livable planet. It also provides leadership to coordinate regional and global responses to development challenges. The World Bank has been issuing bonds in the international capital markets for over 75 years to fund programs and activities that achieve a positive impact. World Bank bonds are aligned with the Sustainability Bond Guidelines published by the International Capital Market Association. More information on the World Bank's Sustainable Development bonds is available at www.worldbank.org/debtsecurities and in the World Bank's Sustainable Development Bond Impact Report that describes how the World Bank engages with investors and raises awareness for specific development challenges.
Disclaimers
This press release is not an offer for sale of securities of the International Bank for Reconstruction and Development ("IBRD"), also known in the capital markets as "World Bank". Any offering of World Bank securities will take place solely on the basis of the relevant offering documentation including, but not limited to, the prospectus, term sheet and/or final terms, as applicable, prepared by the World Bank or on behalf of the World Bank, and is subject to restrictions under the laws of several countries. World Bank securities may not be offered or sold except in compliance with all such laws. The World Bank Sustainable Development Bond Framework, the World Bank's Sustainable Development Bond Impact Report, and the information set forth therein are not a part of, or incorporated by reference into, the offering documentation.
Net proceeds of the securities described herein are not committed or earmarked for lending to, or financing of, any particular projects or programs. Payments on the securities described herein are not funded by any project or program.
ContactInvestor Relations, Ratings, Sustainable Finance, World Bank Group [email protected]