The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) priced two Sustainable Development Bonds – a USD 3 billion 2-year bond maturing in April 2023 and a USD 5 billion 7-year bond maturing in April 2028. The transactions provided options for a wide variety of investors seeking short-term and medium-term investment opportunities in the Supranational, Sovereign and Agency (SSA) market, where supply for 2- and 7-year maturities is limited. The transactions, which attracted over 250 orders with the order book reaching USD 14 billion across both tranches, appealed to a broad and globally diverse group of investors seeking high credit quality alongside sustainable investment. There was strong demand from central banks and official institutions, banks and bank treasuries, as well as, pension funds, insurance companies and asset managers.