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World Bank Prices Sterling 1.5 Billion 7-year Benchmark

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Washington  – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 7-year British pound sterling (GBP) benchmark bond due December 2028. The Sustainable Development Bond raised GBP 1.5 billion from investors to support the financing of its sustainable development activities. The bond offers an annual coupon of 1.25% and an annual […]