World Bank Raises £1.25 Billion through Sterling-Denominated Sustainable Development Bond

The World Bank has successfully issued a new six-year sterling-denominated Sustainable Development Bond, raising GBP 1.25 billion from investors.

The bond, priced on August 26, 2026, will mature on November 15, 2032, with an annual coupon of 4.750% and a yield of 4.766%, priced at 9.9 basis points above the UK government bond due in June 2032.

The strong demand for the bond exceeded GBP 1.9 billion, with the United Kingdom accounting for 89% of investors, followed by Europe, the Middle East and Africa at 6%, and the Americas at 5%. Banks, bank treasuries and corporates represented 78% of investors, while asset managers, insurance companies and pension funds accounted for 20%. Central banks and official institutions made up the remaining 2%.