WASHINGTON, D.C., June 17, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 7-year Swiss Franc (CHF) denominated benchmark bond maturing in June 2032. The Sustainable Development Bond raised CHF 225 million from
investors to support the financing of the World Bank’s sustainable development activities in its member countries. This transaction marked the largest supranational CHF trade since 2014.
The bond offers an annual coupon of 0.485% and was priced at par. Deutsche Bank and BNP Paribas acted as the lead managers. The bond will be listed on the SIX Swiss Exchange.
The transaction attracted orders from 35 investors. The bonds were primarily placed with bank treasuries (88%) with the remainder placed with asset managers and other investor groups.
Transaction Summary
Issuer: | World Bank (International Bank for Reconstruction and Development, IBRD) |
Issuer rating: | Aaa /AAA (Moody's/S&P) |
Amount: | CHF 225,000,000 |
Settlement date: | June 17, 2025 |
Maturity date: | June 17, 2032 |
Issue price: | 100% |
Issue yield: | 0.485% annual |
Denomination: | CHF 100,000 |
Coupon: | 0.485% p.a., payable annually |
Listing: | SIX Swiss Exchange |
ISIN: | CH1452360691 |
Clearing system: | SIX SIS Ltd. |
Joint lead managers: | Deutsche Bank and BNP Paribas |
About the World Bank
The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody’s/S&P), is an international organization. Created in 1944, it is the original member of the World Bank Group and operates as a global development cooperative owned by 189 nations. The World Bank provides loans, guarantees, risk management products, and advisory services to middle-income and other creditworthy countries to end extreme poverty and promote shared prosperity on a livable planet. It also provides leadership to coordinate regional and global responses to development challenges. The World Bank has been issuing bonds in the international capital markets for over 70 years to fund programs and activities that achieve a positive impact. World Bank bonds are aligned with the Sustainability Bond Guidelines published by the International Capital Market Association. More information on the World Bank’s Sustainable Development bonds is available at www.worldbank.org/debtsecurities and in the World Bank’s Sustainable Development Bond Impact Report that describes how the World Bank engages with investors and raises awareness for specific development challenges.
Disclaimers
This press release is not an offer for sale of securities of the International Bank for Reconstruction and Development ("IBRD"), also known in the capital markets as "World Bank". Any offering of World Bank securities will take place solely on the basis of the relevant offering documentation including, but not limited to, the prospectus, term sheet and/or final terms, as applicable, prepared by the World Bank or on behalf of the World Bank, and is subject to restrictions under the laws of several countries. World Bank securities may not be offered or sold except in compliance with all such laws. The World Bank Sustainable Development Bond Framework, the World Bank’s Sustainable Development Bond Impact Report, and the information set forth therein are not a part of, or incorporated by reference into, the offering documentation.
Net proceeds of the bonds described herein are not committed or earmarked for lending to, or financing of, any particular projects or programs. Payments on the bonds described herein are not funded by any particular project or program.
Contact
World Bank Treasury
