Log In
No results found for "".

Deal Details

C/PIndustryStatusTicker(s)Issuer(s)Size(m)TranchesRegionDate
IGC
SSA
PRCD
IBRD
International Bank for Reconstruction and Development (IBRD)CHF300
1USOA
Mar 12, 2026
currency
CHF
size (m)
300.000
maturity
Apr 20, 2032
type
Fixed
tenor
6.000
call
-
registration
-
benchmark
Swaps
ranking
Sr. Unsecured
moody's
Aaa
s&p
AAA
fitch
-
size description
-
re-open/tap
No
ipt
-
ipt-pxd
0
guidance
SARON MS+18 area
spread
18
coupon
0.5925%
spread set
-
price
100.00000
yield
0.5925%
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
book size (m)
-
peak book (m)
-
x-covered
-
book attrition
-
nic
-
billing & delivering
-
active leads
-
joint leads
passive leads
-
co-managers
-
coordinating managers
-
Tranche Comments
Comments: CHF300m 6yr Sustainability, fxd cpn 0.5925%, at 100, yld 0.5925%, Spread: MS+18bps;
Deal Comments
Reoffer: SARON MS+18 / 100 / 0.5925% Benchmark: Govt + 33.5 Launched: CHF 300m @ SARON MS+18 IPTs: SARON MS+18a Issuer: International Bank for Reconstruction and Development (Ticker: IBRD) Issuer Domicile: Supranational Domestic / Foreign: Foreign Format: Public Fixed-Rate Sustainable Development Notes Ranking: Senior unsecured debt Issuer Rating: Aaa/AAA (Moody's/S&P) Instrument Rating (exp): Aaa/AAA (Moody's/S&P) Issue Size: CHF 300m Settlement Date: 20-Apr-26 Maturity Date: 20-Apr-32 (6 years) Coupon: 0.5925% p.a. (30/360, following unadj.) Reoffer Spread/Yield: SARON MS +18.0 // YTM 0.5925% // Govt + 33.5 Issue Price: 100 ISIN / Valor: CH1544708642 / 154.470.864 Lead Manager(s): Deutsche Bank Co-Manager(s): BLKB SNB Repo-eligibility: At the discretion of the SNB, expected yes (HQLA Level 1) Documentation: Off the Issuer's Global Debt Issuance Facility, dated 24-Sep-21, as supplemented FinSA Prospectus: No prospectus required in accordance with Art. 37(1) (h.) FinSA Governing Law: English law Covenants: PP, NP, XD SIX Listing: 16-Apr-26 Use of Proceeds: World Bank bonds support the financing of a combination of green and social, i.e. "sustainable development", projects, programs, and activities in IBRD member countries. See IBRD’s Sustainable Development Bond Framework for examples of such eligible projects, programs, and activities. SDB Framework: https://worldbank.org/ibrd-sdb-framework Denomination: CHF 100,000 and multiples thereof TEFRA D Rules: In accordance with usual Swiss practice Target Market: As defined by the manufacturer domiciled in the EEA (MIFID II): Eligible counterparties and professional clients only (all channels for distribution), subject to applicable selling restrictions. Prohibition of sales to EEA/UK retail investors apply.
Use of Proceeds
World Bank bonds support the financing of a combination of green and social, i.e. "sustainable development", projects, programs, and activities in IBRD member countries. See IBRD’s Sustainable Development Bond Framework for examples of such eligible projects, programs, and activities.

Commentary

Explore all other Commentary & Deal Flow

Deal Flow

Explore all other Commentary & Deal Flow