04/01/2026 | Press release | Distributed by Public on 04/01/2026 14:20
Washington, DC, April 1, 2026 - The World Bank (International Bank for Reconstruction and Development or "IBRD", rated Aaa/AAA) has raised EUR 21,386,000 from retail investors in Italy with a 5-year fixed rate callable Sustainable Development Bond due March 31, 2031. UniCredit Bank GmbH is acting as the dealer for the bonds.
The World Bank Group's mission is to end extreme poverty and boost shared prosperity on a livable planet. Building the foundation for job creation and inclusive growth are central to this mission. Proceeds of the bond will be used to support the financing of eligible sustainable development activities in line with this mission and designed to achieve positive social and environmental impacts in developing countries.
Jorge Familiar, Vice President and Treasurer, World Bank Group, said: "Retail investors are an important part of the World Bank's investor base. Investors in Italy who invest in a World Bank Sustainable Development Bond, are making a financial decision and choosing to connect their savings to real development impact. Our investors' support enables the World Bank to mobilize private capital for development projects that create jobs and improve livelihoods across our member countries. We are grateful to every investor who places their trust in the World Bank, and to UniCredit for making this connection possible."
The Sustainable Development Bond was offered to Italian investors from March 2, 2026, until March 24, 2026. The EUR-denominated Sustainable Development Bond pays a minimum annual gross fixed rate coupon of 1.95% per annum. The minimum investment threshold is EUR 1,000.
Application will be made for the securities to be admitted to listing and to trading on the Mercato Telematico delle Obbligazioni regulated market ("MOT"), EuroMOT segment, organized and managed by Borsa Italiana S.p.A.
Summary of terms (*)
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Issuer: |
World Bank (International Bank for Reconstruction and Development, IBRD) |
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Issuer rating: |
Aaa /AAA |
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Maturity: |
5 years |
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Issue date: |
March 31, 2026 |
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Coupon: |
1.95% |
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Coupon payment dates: |
Annually on March 31 up to and including the Maturity Date, starting on March 31, 2027 |
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Maturity date: |
March 31, 2031, subject to early redemption |
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Offer price: |
100.00% |
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Denomination |
EUR 1,000 |
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Listing: |
MOT |
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Clearing systems: |
Euroclear, Clearstream |
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ISIN: |
XS3298822688 |
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Dealer: |
UniCredit |
About the World BankThe 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 75 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 https://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. More information on World Bank bonds is available at https://www.worldbank.org/debtsecurities.
About UniCredit
UniCredit is a pan-European leading commercial bank providing best-in-class solutions and services across Italy, Germany, Austria, and Central and Eastern Europe. Our Vision is to be the Bank for Europe's Future. Our Purpose is to Empower Communities to Progress, delivering the best-in-class products and services for all stakeholders, unleashing the potential of our people and our clients across Europe. We serve over 20 million clients, supported by three Group product factories - Corporate, Individual and Payment Solutions - that ensure best-in-class expertise and scalable solutions across all markets. Our integrated model combines local proximity, deep client understanding and Group-wide capabilities, enabling seamless service and outstanding client experience. Digitalization, operational excellence and a strong commitment to ESG principles underpin our journey, helping us deliver sustainable long-term value for clients, communities, employees and shareholders.
Disclaimer
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 World Bank projects or programs. Payments on the bonds described herein are not funded by any World Bank project or program.
Contact
Investor Relations, Ratings, Sustainable Finance
World Bank Group Treasury
[email protected]