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Published on 6/22/2022 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

World Bank buys back $27.86 million of fixed-to-floaters due 2026

By Marisa Wong

Los Angeles, June 22 – International Bank for Reconstruction and Development, or World Bank, said it repurchased for retirement $27.86 million of its $667,816,000 fixed-to-floating rate notes with a minimum and maximum interest rate due May 31, 2026 (ISIN: XS1410333527).

The notes have been repurchased for value on June 23, according to a notice on Wednesday.

World Bank offers loans to developing countries and is based in Washington, D.C.


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