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
