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Commentary & Deal Flow

UPDATE: International Development Association € bmk 30yr Sr Unsec; Spread set at MS+80bp

IGC European Market: Deal Flow - SSA

Issuer

Term

Maturity

Size

Ranking

Type

ISIN

Guidance

Spread Set

International Development Association

30yr

16-Oct-56

bmk

Sr Unsec

Fixed

XS3538132773

MS+82a

MS+80


Spread set at: 30yr: MS+80bp - Orderbook over €1bn (exc JLM interest)
Guidance: 30yr: MS+82a


  • Issuer: International Development Association (IDA)
  • Ticker: IDAWBG
  • Issue Rating: AAA (S&P) / Aaa (Moody's) (both stable)
  • Format: Global (SEC exempt) Sustainable Development Bond
  • Total Size: € Benchmark
  • Settlement: 16-Oct-26 (T+6)
  • Maturity: 16-Oct-56
  • Spread set at: MS+80bp
  • Coupon: Fixed, Annual ACT/ACT
  • ISIN: XS3538132773
  • Listing: Luxembourg Stock Exchange's Regulated Market
  • Docs: Global Debt Issuance Facility
  • Law: English Law
  • Denoms: €1,000 + €1,000
  • Bookrunners: DB (B&D) / BNPP / DZ Bank
  • Target Market: Retail / Professional / Eligible Counterparties (MIFID II/UK MiFIR, all distribution channels)
  • Timing: Books open, Today's business.
  • Books Close: 10.15 UKT / 11.15 CET