World Bank Prices Record Hong Kong Dollar Benchmark Bond

WASHINGTON, D.C., April 13, 2026 - The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced its second benchmark bond denominated in Hong Kong dollar (HKD), with a domestic settlement through the Hong Kong Central Moneymarkets Unit (CMU). The 5-year Sustainable Development Bond raised HKD 8 billion and stands as the largest deal in the 'Wonton Bond Market', the market for public HKD-denominated bonds issued by foreign entities (supranationals, sovereigns, agencies, or corporations) in Hong Kong.

The bond offers an annual coupon of 2.8755% and was priced at par. HSBC and Standard Chartered acted as the lead managers. It will be listed on the Luxembourg Stock Exchange. The transaction was primarily placed with local bank treasuries, with the remainder placed with asset managers.

"This successful Hong Kong dollar transaction reflects our global funding strategy, built on reaching investors across a wide variety of markets and currencies. This allows us to mobilize resources efficiently and continue to deliver on our mission to end poverty focused on creating jobs for the benefit of communities worldwide," said Jorge Familiar, Vice President and Treasurer, World Bank Group.

Lead Manager Quotes

"Huge congratulations to the World Bank team, moving swiftly in the current market backdrop and successfully printing the largest Wonton Bond ever at HKD 8 billion. This marks the World Bank's second benchmark HKD Wonton Bond, returning to the 5-year tenor and once again demonstrating strong support for their name and mandate. HSBC are extremely proud to have been involved," said Asif Sherani, Head of DCM Syndicate EMEA and Head of Public Sector DCM, HSBC.

"Standard Chartered is honored to have supported both the World Bank's inaugural and second benchmark bond issuances in HKD. Today's issuance of a 5-year HKD Sustainable Development Bond is a landmark Wonton Bond, representing a record transaction in terms of both size and pricing, reflecting the continued expansion of the World Bank's Asian investor base," said Oliver Greer, Global Head of Medium-term Notes, Standard Chartered.

Transaction Summary

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 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 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 securities described herein are not committed or earmarked for lending to, or financing of, any particular projects or programs. Payments on the securities described herein are not funded by any project or program.

Contact

Investor Relations, Ratings, and Sustainable Finance, World Bank Group Treasury

[email protected]