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World Bank Launches Sustainable Development Bond for RockCreek and Equality Fund While Raising Awareness for Gender Equality
The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) issued a CAD 25 million, 5-year Sustainable Development Bond. During its launch, the World Bank raised awareness for the World Bank’s strategy, projects and programs that focus on gender equality.
RBC Capital Markets is the sole lead manager for the bond. RockCreek serves as the Equality Fund’s Outsourced Chief Investment Officer (OCIO) and advised on the transaction.
“Engagement with World Bank bond investors around purpose and impact of their investments is key to directing global savings to sustainable use,” said Jingdong Hua, World Bank Vice President and Treasurer.”We look forward to continued collaboration with investors as they develop investment strategies to support development sectors such as gender equality and appreciate the support