World Bank Raises $6.5bn in Dual-Tranche Sustainable Development Bond

The World Bank has priced two Sustainable Development Bonds, raising a total of $6.5bn from a $3bn two-year bond maturing in August 2026 and a $3.5bn ten-year bond maturing in August 2034.

According to the global bank’s statement seen by THE WHISTLER, the dual-tranche transaction attracted over 300 orders totaling more than $22.7bn. This represents the World Bank’s largest order book to date.