World Bank Prices USD 1.75 Billion SOFR Index-Linked Floating Rate Bond

WASHINGTON, D.C., September 16, 2025 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 1.75 billion Sustainable Development Bond linked to the Secured Overnight Financing Rate (SOFR) Index, maturing on September 23, 2032.

The transaction attracted over 50 orders with an order book of nearly USD 3.5 billion from a diverse set of investors seeking a high credit quality investment while supporting sustainable development. The 7-year SOFR-index linked note pays a coupon of Compounded SOFR + 50 basis points. The lead managers for this transaction are National Bank Financial, Scotiabank and Wells Fargo. The bond will be listed on the Luxembourg Stock Exchange.

Investor Breakdown by Type

Investor Breakdown by Geography

Transaction Summary

About the World BankThe 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 https://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 bonds described herein are not committed or earmarked for lending to, or financing of, any particular projects or programs. Payments on the bonds described herein are not funded by any project or program.

Contact Investor Relations and Sustainable Finance,World Bank [email protected]