United States, April 14 -- The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced its second benchmark bond denominated in Hong Kong dollar (HKD), with a domestic settlement through the Hong Kong Central Moneymarkets Unit (CMU). The 5-year Sustainable Development Bond raised HKD 8 billion and stands as the largest deal in the 'Wonton Bond Market', the market for public HKD-denominated bonds issued by foreign entities (supranationals, sovereigns, agencies, or corporations) in Hong Kong.The bond offers an annual coupon of 2.8755% and was priced at par. HSBC and Standard Chartered acted as the lead managers. It will be listed on the Luxembourg Stock Exchange. The transaction was primarily placed with local...