The World Bank has priced an AUD 2 billion five and a half year Sustainable Development Bond due November 14, 2031. Issued through the International Bank for Reconstruction and Development, the bond will support the financing of eligible sustainable development activities intended to generate social and environmental impacts in developing countries. The bond carries a 5.00% fixed coupon, was re-offered at 99.924% for a 5.016% semi-annual yield, and priced at 34.75 basis points over the Australian government bond due November 2031. The orderbook exceeded AUD 6.5 billion across more than 80 orders from bank treasuries, asset managers, and central banks and official institutions. Investor allocation was 38% Australia, 35% EMEA and the Americas, and 27% Asia. Settlement is scheduled for May 14, 2026, and the bond will be listed on the Luxembourg Stock Exchange.
World Bank 2026-05-07
World Bank prices AUD 2 billion five and a half year Sustainable Development Bond due November 2031
The World Bank, through the International Bank for Reconstruction and Development, has priced an AUD 2 billion five-and-a-half-year Sustainable Development Bond due November 14, 2031, to finance eligible sustainable development activities in developing countries. The bond carries a 5.00% fixed coupon, was re-offered at 99.924% for a 5.016% semi-annual yield, priced at 34.75 basis points over the Australian government bond due November 2031, and attracted over AUD 6.5 billion in orders from more than 80 investors across Australia, EMEA, the Americas, and Asia.