WASHINGTON, D.C., March 12, 2026 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 6-year Swiss Franc (CHF) denominated benchmark bond maturing in April 2032. The Sustainable Development Bond raised CHF 300 million from investors to support the financing of the World Bank's sustainable development activities in its member countries. This transaction marks the largest IBRD CHF trade since April 2009.
The bond offers an annual coupon of 0.5925% and was priced at par. Deutsche Bank acted as the lead manager and Basellandschaftliche Kantonalbank (BLKB) acted as the co-lead manager. The bond will be listed on the SIX Swiss Exchange.
The transaction attracted orders from 43 investors. The bonds were primarily placed with bank treasuries (53%), with the remainder placed with asset managers and other investor groups. This issuance reflects the World Bank's continued commitment to deepening its presence in the Swiss franc market. This transaction represents IBRD's sixth CHF issuance since January 2025.
Transaction Summary
Issuer: |
World Bank (International Bank for Reconstruction and Development, IBRD) |
Issuer rating: |
Aaa /AAA (Moody's/S&P) |
Amount: |
CHF 300,000,000 |
Settlement date: |
April 20, 2026 |
Maturity date: |
April 20, 2032 |
Issue price: |
100% |
Issue yield: |
0.5925% annual |
Denomination: |
CHF 100,000 |
Coupon: |
0.5925% p.a., payable annually |
Listing: |
SIX Swiss Exchange |
ISIN: |
CH1544708642 |
Clearing system: |
SIX SIS Ltd. |
Lead manager: |
Deutsche Bank |
Co-lead Manager: |
Basellandschaftliche Kantonalbank |
About the World Bank