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Latest: World Bank expands SOFR-linked market with US$1.5bn trade

28 Oct 2020

Latest: World Bank expands SOFR-linked market with US$1.5bn trade

The World Bank’s International Bank for Reconstruction and Development has priced a US$1.5 billion five-year benchmark bond linked to the Secured Overnight Financing Rate (SOFR) index, the largest SOFR Index-linked bond issued by a sovereign, supranational or agency.

Market
Swedbank reports 18% drop in structured products income YTD

24 Oct 2018

Swedbank reports 18% drop in structured products income YTD

Swedish bank sees outstanding structured retail bonds decrease while World Bank green bonds owned by its asset manager are valued at SEK7 billion