WASHINGTON, D.C., June 17, 2025 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 7-year Swiss Franc (CHF) denominated benchmark bond maturing in June 2032. The Sustainable Development Bond raised CHF 225 million from
investors to support the financing of the World Bank's sustainable development activities in its member countries. This transaction marked the largest supranational CHF trade since 2014.
The bond offers an annual coupon of 0.485% and was priced at par. Deutsche Bank and BNP Paribas acted as the lead managers. The bond will be listed on the SIX Swiss Exchange.
The transaction attracted orders from 35 investors. The bonds were primarily placed with bank treasuries (88%) with the remainder placed with asset managers and other investor groups.
Transaction Summary
Issuer: |
World Bank (International Bank for Reconstruction and Development, IBRD) |
Issuer rating: |
Aaa /AAA (Moody's/S&P) |
Amount: |
CHF 225,000,000 |
Settlement date: |
June 17, 2025 |
Maturity date: |
June 17, 2032 |
Issue price: |
100% |
Issue yield: |
0.485% annual |
Denomination: |
CHF 100,000 |
Coupon: |
0.485% p.a., payable annually |
Listing: |
SIX Swiss Exchange |
ISIN: |
CH1452360691 |
Clearing system: |
SIX SIS Ltd. |
Joint lead managers: |
Deutsche Bank and BNP Paribas |
About the World Bank
