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World Bank Prices GBP 1.75 Billion 10-year Bond for Sustainable Development With Impressive Demand

Feb 14, 2020 - Targeted News Service

The World Bank issued the following news release on Feb. 13:

The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 10-year GBP global benchmark bond, raising GBP 1.75 billion from investors around the globe to support the financing of its sustainable development activities. This is the World Bank's second GBP global bond of 2020, following its GBP 1.5 billion 7-year global bond issued in January.

The transaction represents the largest-ever GBP...