United States, Sept. 15 -- The International Development Association (IDA, Aaa/AAA), member of the World Bank Group, today priced a USD 3 billion 5-year global benchmark that matures on September 25, 2031 following the US statutory approval recognizing IDA securities as "exempted securities" under US federal securities laws. With 125 orders, the transaction was 2.6 time oversubscribed with orders reaching almost USD 8 billion, including more than 30% from investors in the United States.The exemption enacted earlier this year allows IDA to offer and sell its securities without restrictions throughout the US without needing to follow the regular US SEC registration process, saving substantial costs in legal and registration fees. The exemptio...