The World Bank has priced a $4 billion seven-year Sustainable Development Bond, attracting more than $11 billion in high-quality investor orders. The bond, which was issued by the International Bank for Reconstruction and Development (IBRD), matures in August 2033 and carries a 4.50% annual coupon, payable semi-annually. The issue price was 99.668%, with an issue yield of 4.556% and a spread of 3.9 basis points against the reference US Treasury. It will be listed on the Luxembourg Stock Exchange. [...]