La presente informativa è resa, anche ai sensi dell’art. 13 del D. Lgs. 196/2003 “Codice in materia di protezione dei dati personali” (“Codice Privacy”) 
e degli artt. 13 e 14 del Regolamento (UE) 2016/679 (“GDPR”), a coloro che si collegano alla presente edizione online del giornale Tribuna Economica di proprietà di AFC Editore Soc. Coop. 

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The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced a 3.5 billion Norwegian krone-denominated Sustainable Development Bond. This transaction is part of the World Bank’s effort to issue Sustainable Development Bonds while

highlighting the urgency of mainstreaming climate action.

World Bank bonds support the financing of projects that contribute to climate action. The World Bank’s updated Climate Change Action Plan helps countries integrate climate change into their development strategies and apply climate financing in ways that achieve the most positive impact. In fiscal year 2021, which ended June 30, 2021, ninety-five percent of all IBRD projects had climate components accounting for 33% of financing.

The NOK 3.5 billion 4.5-year floating-rate bond matures on June 18, 2026. Skandinaviska Enskilda Banken (SEB) acted as Lead Manager for the transaction. The bond offers a quarterly coupon of Nibor + 150 bps and was priced at 106.763%.

Norwegian investors accounted for 86% of the distribution of bond, while Swedish investors comprised the remaining 14%. Banks represented the majority share of allocations at 96%, followed by asset managers and pension/insurance funds at 4%.

Investors in the bond included: Sbanken, Sparebanken Møre, Handelsbanken Asset Management, and Sparebank 1 SR Bank.