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
Banks/Bank Treasuries/Corporates |
84% |
Asset Managers/Insurance/Pension Funds |
10% |
Central Banks/Official Institutions |
6% |
Investor Breakdown by Geography
Americas |
41% |
Asia |
33% |
Europe/Middle East/Africa |
26% |
Transaction Summary
Issuer: |
World Bank (International Bank for Reconstruction and Development) |
Issuer rating: |
Aaa / AAA (Moody's/S&P) |
Amount: |
USD 1,750,000,000 |
Settlement date: |
September 23, 2025 |
Maturity date: |
September 23, 2032 |
Coupon: |
Compounded SOFR + 50 bps |
Coupon payment dates: |
Quarterly on the 23rd of each March, June, September and December commencing on December 23, 2025, and ending on the Maturity Date |
Issue Price: |
100.00% |
Denomination: |
USD 1,000 |
ISIN: |
US459058LX98 |
Clearing systems: |
Fedwire, Euroclear, Clearstream |
Listing |
Luxembourg Stock Exchange |
Joint lead managers: |
National Bank Financial, Scotiabank and Wells Fargo |
About the World Bank
