News
29 January 2020

World Bank raises £1.5bn

Region:
Americas, Europe

The World Bank has priced a seven-year GBP global benchmark, raising £1.5 billion.

The bond offers an annual coupon of 0.750% and a semi-annual yield of 0.776%. It was priced at +39 basis points over the 1.5% UK Gilt due July 2026. HSBC, NatWest Markets and RBC CM were joint lead managers for this transaction. 

Investor Distribution by Region was UK 69%, Europe (excluding UK) 14%, Americas 12%, Asia and Middle East 5%.

World Bank bonds support the financing of sustainable development projects and programs.

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