World Bank Group

04/09/2026 | Press release | Distributed by Public on 04/09/2026 16:03

World Bank Prices NOK 2 Billion Floating Rate Benchmark Bond

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

Issuer:

World Bank (International Bank for Reconstruction and Development, IBRD)

Issuer rating:

Aaa/AAA (Moody's/S&P)

Currency:

NOK

Amount:

NOK 2,000,000,000

Settlement date:

April 16, 2026

Maturity date:

July 16, 2031

Issue price:

100%

Issue yield:

3-month NIBOR + 14 bps

Denomination:

NOK 10,000

Coupon:

3-month NIBOR + 14 bps

Listing:

Luxembourg Stock Exchange

ISIN:

XS3346249603

Clearing system:

Euroclear/Clearstream

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]

World Bank Group published this content on April 09, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 09, 2026 at 22:03 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]