International Development Association Continues to Build Track Record With USD 1 Billion 7-Year Benchmark Bond
June 04, 2020
June 04, 2020
WASHINGTON, June 4 -- The International Development Association, a member of the World Bank Group, issued the following news release:
The International Development Association (IDA, Aaa/AAA) returned to the US dollar market with a 7-year benchmark bond that raised USD 1 billion. The bond matures on June 10, 2027.
The bond offers a semi-annual coupon of 0.750% per annum and semi-annual yield of 0.839%. It was priced at +27 basis points over the 0.5% US Treasury dated May . . .
The International Development Association (IDA, Aaa/AAA) returned to the US dollar market with a 7-year benchmark bond that raised USD 1 billion. The bond matures on June 10, 2027.
The bond offers a semi-annual coupon of 0.750% per annum and semi-annual yield of 0.839%. It was priced at +27 basis points over the 0.5% US Treasury dated May . . .