The World Bank priced a NOK 2 billion floating rate Sustainable Development Bond on April 9, 2026, according to a press release by the World Bank. The bond matures on July 16, 2031, and was priced at 100%. DNB and SEB acted as lead managers for the transaction.
The World Bank, rated Aaa/AAA by Moody’s and S&P, has been issuing bonds in the international capital markets for over 75 years to fund programs and activities that achieve a positive impact. Created in 1944, IBRD is the original member of the World Bank Group and operates as a global development cooperative owned by 189 nations. World Bank bonds are aligned with the Sustainability Bond Guidelines published by the International Capital Market Association.
The bond offers a quarterly coupon of 3-month NIBOR + 14 bps and carries a denomination of NOK 10,000. The settlement date is April 16, 2026, and the bond will be listed on the Luxembourg Stock Exchange. It clears through Euroclear and Clearstream under ISIN XS3346249603.
The deal was placed primarily with bank treasuries and asset managers in Scandinavia. The issue yield is set at 3-month NIBOR + 14 bps, matching the coupon structure. Proceeds from World Bank Sustainable Development Bonds support the institution’s broader mandate to end extreme poverty and promote shared prosperity on a livable planet.
