Washington, DC, April 1, 2026 - The World Bank (International Bank for Reconstruction and Development or "IBRD", rated Aaa/AAA) has raised EUR 21,386,000 from retail investors in Italy with a 5-year fixed rate callable Sustainable Development Bond due March 31, 2031. UniCredit Bank GmbH is acting as the dealer for the bonds.
The World Bank Group's mission is to end extreme poverty and boost shared prosperity on a livable planet. Building the foundation for job creation and inclusive growth are central to this mission. Proceeds of the bond will be used to support the financing of eligible sustainable development activities in line with this mission and designed to achieve positive social and environmental impacts in developing countries.
Jorge Familiar, Vice President and Treasurer, World Bank Group, said: "Retail investors are an important part of the World Bank's investor base. Investors in Italy who invest in a World Bank Sustainable Development Bond, are making a financial decision and choosing to connect their savings to real development impact. Our investors' support enables the World Bank to mobilize private capital for development projects that create jobs and improve livelihoods across our member countries. We are grateful to every investor who places their trust in the World Bank, and to UniCredit for making this connection possible."
The Sustainable Development Bond was offered to Italian investors from March 2, 2026, until March 24, 2026. The EUR-denominated Sustainable Development Bond pays a minimum annual gross fixed rate coupon of 1.95% per annum. The minimum investment threshold is EUR 1,000.
Application will be made for the securities to be admitted to listing and to trading on the Mercato Telematico delle Obbligazioni regulated market ("MOT"), EuroMOT segment, organized and managed by Borsa Italiana S.p.A.
Summary of terms (*)
Issuer: |
World Bank (International Bank for Reconstruction and Development, IBRD) |
Issuer rating: |
Aaa /AAA |
Maturity: |
5 years |
Issue date: |
March 31, 2026 |
Coupon: |
1.95% |
Coupon payment dates: |
Annually on March 31 up to and including the Maturity Date, starting on March 31, 2027 |
Maturity date: |
March 31, 2031, subject to early redemption |
Offer price: |
100.00% |
Denomination |
EUR 1,000 |
Listing: |
MOT |
Clearing systems: |
Euroclear, Clearstream |
ISIN: |
XS3298822688 |
Dealer: |
UniCredit |
About the World Bank
