The EBRD issues USD 2 billion 4.250% Global Benchmark due May 2031
United Kingdom, May 22 -- On Thursday 21st May 2026, the European Bank for Reconstruction and Development ("EBRD"), rated Aaa/AAA/AAA/AAA all stable (Moody's/S&P/Fitch/Scope) successfully priced a new USD 2 billion 5-year Global Benchmark due May 2031, the Bank's first USD fixed rate benchmark bond issuance since March 2024 and achieved its tightest ever pricing to US Treasuries.Encouraged by a positive market backdrop, the mandate for a new EBRD USD 5-year benchmark transaction was announced on Wednesday 20th May at around 1.40pm UKT with Initial Pricing Thoughts of SOFR MS+32bps area. The transaction received meaningful interest from the outset and Indications of Interest built steadily throughout the European and US sessions and into the...
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