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World Bank and Nomura Announce Sale of new World Bank Bonds for Japanese Retail Investors to support Sustainable Development

The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody’s/S&P), and Nomura, Asia’s global investment bank, finalized the terms of secondary distribution of World Bank Bonds for Japanese retail investors.

Today, the World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody’s/S&P), and Nomura, Asia’s global investment bank, finalized the terms of secondary distribution of World Bank Bonds for Japanese retail investors. The notes are denominated in Brazilian Real (Issue size: BRL 109.4 mn, 4 year tenor) and Turkish Lira (Issue size: TRY 37.6 mn, 3 year tenor).

The World Bank’s mission is to end extreme poverty within a generation and to promote shared prosperity by pushing for more equity.

  • To end extreme poverty, the World Bank’s goal is to decrease the percentage of people living with less than $1.25 a day to no more than 3 percent by 2030.
  • To promote shared prosperity, the goal is to promote income growth of the bottom 40 percent of the population in each country.
    The World Bank raises funds in the capital markets to promote sustainable development through activities such as education, disaster risk management, and gender.

Through this Uridashi offering, Nomura has raised awareness among Japanese retail investors for the mission of the World Bank, and highlighted several projects financed by the World Bank, including educational support in Colombia, disaster risk management in Philippines, and gender equality in Gabon. This leads to a better understanding of the value of World Bank Bonds among Japanese retail investors for sustainable development and highlights not only the economic but also social value of the product.

“World Bank bonds provide investors with the opportunity to invest in a financially sound investment that also has a positive social and environment impact. We appreciate the support from Japanese retail investors for the World Bank’s sustainable development mission, and welcomed the opportunity to work with Nomura for this transaction,” said Yoshiyuki Arima, Lead Financial Officer & Representative, Japan at The World Bank Treasury.

“Nomura is very pleased to partner with the World Bank to help raise funds that support the World Bank’s goal of fighting poverty through the sale of the World Bank Bonds to its clients,” said Masanori Azuma, the head of Debt Capital Markets Department at Nomura Securities Co., Ltd..

Next Finance , September 2014

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