News
29 January 2020
World Bank raises £1.5bn
Region:
Americas, Europe
The World Bank has priced a seven-year GBP global benchmark, raising £1.5 billion.
The bond offers an annual coupon of 0.750% and a semi-annual yield of 0.776%. It was priced at +39 basis points over the 1.5% UK Gilt due July 2026. HSBC, NatWest Markets and RBC CM were joint lead managers for this transaction.
Investor Distribution by Region was UK 69%, Europe (excluding UK) 14%, Americas 12%, Asia and Middle East 5%.
World Bank bonds support the financing of sustainable development projects and programs.
