World Bank Prices New AUD 2 Billion with 5.5-Year Sustainable Development Bond
United States, May 8 -- The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) today priced an Australian dollar 2 billion 5.5-year Sustainable Development Bond due November 2031.The World Bank Group's mission is to end extreme poverty and boost shared prosperity on a livable planet. Building the foundation for job creation and inclusive growth are central to this mission. Proceeds of the bond will be used to support the financing of eligible sustainable development activities in line with this mission and designed to achieve positive social and environmental impacts in developing countries.The transaction received over 80 high-quality orders, with an orderbook totaling over AUD 6.5 billion driven by ban...
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