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WASHINGTON – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a 10-year benchmark bond that matures in November 2033. The Sustainable Development Bond raised USD 3 billion from a group of globally d ....
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The World Bank has ambitious plans to expand its use of catastrophe bonds for member countries by roughly 400% over the next five years, growing the ....