The World Bank Prices 10-Year Benchmark Bond with Record Investor Demand and Largest-Ever Orderbook

WASHINGTON, D.C., May 13, 2026 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 6 billion benchmark bond that matures in May 2036. The World Bank's US dollar bond drew a record number and volume of orders from investors worldwide, the highest of any of its offerings.

With more than 255 investor orders, the transaction attracted over USD 24 billion in high-quality investor orders, primarily driven by bank treasuries, central banks/official institutions, and asset managers.

The lead managers are BMO Capital Markets, BNP Paribas, HSBC and Wells Fargo. The bond pays a semi-annual coupon of 4.50% and will be listed on the Luxembourg Stock Exchange.

"The record depth and breadth of demand for this 10-year bond reflects the strong trust global investors place in the World Bank's credit and our mission," Jorge Familiar, Vice President and Treasurer, World Bank Group. "As the World Bank returns to the USD benchmark market, this extraordinary level of support helps mobilize financing and helps countries create the conditions for more jobs, so people can build stable livelihoods."

Investor Breakdown by Type

Investor Breakdown by Geography

Lead Manager Quotes

"The World Bank's record orderbook resulted in the largest 10-year bond the USD Sovereign, Supranational and Agency (SSA) market has ever seen. Investor demand for positive impact through high quality liquid assets combined to generate $24 billion in demand from over 255 orders. BMO is thrilled to have partnered with the World Bank and global investors on this milestone transaction," said Sean Hayes, Managing Director & Global Head of Syndicate, BMO Capital Markets.

"Congratulations to the World Bank for their successful return to the US dollar market with a strong 6 billion 10-year Sustainable Development Bond. Once again, the World Bank was able to gather quality demand and strong momentum from the outset, enabling the team to achieve a record orderbook of USD 24 billion, their largest ever. This is a testament to the issuer's name, strong investor following and ability to easily navigate difficult market environments. BNP Paribas is proud to have supported the World Bank for this transaction," said Lars Humble, Head of SSA Syndicate, BNP Paribas.

"Congratulations to the World Bank team on a remarkable return to the USD market, printing the largest USD 10-year SSA benchmark. The exceptional demand marks the World Bank's largest ever orderbook and underscores the consistent investor support it receives globally. HSBC is delighted to have been involved," said Asif Sherani, Head of DCM Syndicate and Head of Public Sector DCM, HSBC.

"Wells Fargo Securities is honored to have partnered with the World Bank on this highly successful transaction. The record breaking orderbook, the largest ever achieved for a World Bank bond, underscores the depth and quality of demand, reflects the issuer's strong following across global investor accounts, and highlights the supportive technical backdrop amid relatively limited SSA supply year to date. We congratulate the World Bank team for executing this trade smoothly, against a volatile and complex market environment, successfully identifying the optimal tenor and issuance window to deliver such an outstanding outcome," said Carlos Perezgrovas, Head of SSA Origination, Wells Fargo Securities, LLC.

Transaction Summary

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 in line with its mission to end extreme poverty and boost 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 about World Bank Sustainable Development Bonds is available on the World Bank investor website and also in the World Bank's Sustainable Development Bond Framework and Impact Report.

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.

Contact

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