World Bank talks $500 million 10-year global green bond at mid-swaps plus 1 bp area

By Aleesia Forni

Virginia Beach, Feb. 19 – International Bank for Reconstruction and Development (World Bank) is planning to price a $500 million 10-year global green bond (Aaa/AAA/AAA), according to a market source and a company release.

The bond is talked in the area of mid-swaps plus 1 basis point.

Deutsche Bank and Morgan Stanley are the bookrunners.

The issuer is based in Washington, D.C.

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