Washington D.C., May 7th, 2026——The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA) today priced a $2 billion, 5.5 year sustainable development bond with a maturity of November 2031.

The mission of the World Bank Group is to end extreme poverty and promote shared prosperity on a habitable planet. The core of this mission is to lay the foundation for job creation and inclusive growth. The bond yields will be used to support financing for qualified sustainable development activities that align with this mission, aimed at achieving positive social and environmental impacts in developing countries.

The transaction received more than 80 high-quality orders, with a total order amount of more than AUD6.5 billion, mainly driven by bank treasury bond bonds, asset management companies and central banks/official institutions. The fixed bond with an annual interest rate of 5.00% has a spread of+34.75 basis points compared to the Australian government bond due in November 2031.

The joint leading managers of this transaction include Commonwealth Bank of Australia, Deutsche Bank, Royal Bank of Canada Capital Markets, and TD Securities. The bond will be listed on the Luxembourg Stock Exchange.

This outstanding Australian dollar transaction once again confirms the close relationship between the World Bank and Australian dollar investors, reaching a new milestone in support and setting the largest order book ever for World Bank Australian dollar bonds. The quality and depth of demand highlight investors' support for the World Bank and their joint commitment to directing long-term capital towards building prosperity and creating jobs, helping people escape poverty“Jorge Fenier, Vice President and Chief Financial Officer of the World Bank Group, said.

Investor allocation

Joint Chief Manager's Quotes

Congratulations to the World Bank team on their return to the Australian dollar market and achieving the first benchmark result in 2026. This sustainable development bond transaction, worth AUD 2 billion with a maturity of 5.5 years, has set another peak not only for the World Bank but also for the entire supranational sector. This transaction has set a new record for the size of the supranational issuer's Australian dollar order book and the total number of investors in the World Bank's Australian dollar order book. This incredible achievement reflects the World Bank team's tireless efforts over the years to establish and maintain key investor relationshipsNik Romuld, Global Head of DCM and Syndicate, a frequent borrower of Federal Bank (CBA), said:We are honored that the team is able to participate in this milestone transaction

We are proud to have participated in the World Bank's largest joint Australian dollar transaction, attracting diverse global investors from Australia, Asia, and Europe. The final order book size of AUD 6.5 billion highlights the World Bank's position as a leading issuer in the Australian market and reflects the depth of investor demand for issuersAlix Kennedy from the Australian Dollar Syndicate of Willy BankThis execution has brought competitive prices and scale to the World Bank, strengthening the relevance of the Australian dollar market as a core part of the issuer's financing strategy.

RBC is proud to serve as the Co Managing Director of the World Bank's first Australian dollar transaction in 2026, a long-awaited benchmark transaction that demonstrates the Bank's appeal to domestic and international Australian dollar investors. This transaction received the largest order among supranational issuers in the market and also the closest spread in the new 5.5 year trading in 2026. Congratulations to the World Bank for once again achieving success in the Australian dollar market“Harald Eikeland, Co Head of Investment for RBC Capital Markets Asia Pacific, stated.

This is an impressive return for the World Bank in the Australian dollar market, setting the record for their largest ever Australian dollar benchmark index, with a size of 2 billion Australian dollars. The total cumulative order volume of this transaction exceeds 6.5 billion Australian dollars, setting a record for the highest order volume among supranational issuers and covering a diverse range of high-quality domestic and foreign investors. Director of TD SecuritiesMatt JaconelliTD Securities is pleased to participate in this transaction

Transaction Summary

About the World Bank

The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA by Moody's/S&P, is an international organization. Established in 1944, it is a founding member of the World Bank Group and operates as a global development cooperative owned by 189 countries. The World Bank provides loans, guarantees, risk management products, and consulting services to middle-income and other creditworthy countries to achieve its mission of eradicating extreme poverty and promoting shared prosperity on a livable planet. It also provides leadership, coordinating regional and global responses to development challenges. The World Bank has been issuing bonds in international capital markets for over 75 years to fund projects and activities that can have a positive impact. The World Bank bonds are consistent with the Sustainable Development Bond Guidelines released by the International Capital Markets Association. More information about the World Bank's sustainable development bonds can be found at the World BankInvestor websiteAnd the World Bank'sSustainable Development Bond FrameworkandImpact reportObtain from within.