Tag Archives: World Bank

World Bank Reenters the Canadian Dollar Bond Market with a CAD 1.5 billion Benchmark Bond

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WASHINGTON, D.C. August 21, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a new 3-year CAD $1.5 billion Sustainable Development Bond that matures in September 2028.

The 3-year benchmark transaction pays a semi-annual coupon of 2.90% p.a. and has an issue price of 99.946% and a final spread of 9.8 bps over the CAN 3.25% September 2028 reference bond, offering investors a yield of 2.919% (semi-annual). Joint lead managers for this transaction are BMO Capital Markets, CIBC, National Bank Financial and Scotiabank.

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Pakistan: World Bank Announces New Education Project to Benefit Over Four Million Children in Punjab

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WASHINGTON, August 23, 2025— The World Bank has approved a US$ 47.9 million grant, funded by the Global Partnership for Education Fund, to help improve girls’ and boys’ participation at pre-primary and primary levels in Pakistan’s Punjab province. The new support is expected to improve learning outcomes at the primary level and strengthen remedial learning support at the elementary level of schooling.

The “Getting Results: Access and Delivery of Quality Education Services and System Transformation in Punjab Project” will expand early childhood education, re-enroll out-of-school children, strengthen teacher support, and improve the education sector’s responsiveness to climate change and emergencies.

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Why Universal Health Coverage matters in West and Central Africa

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As leaders from across African governments, the private sector, civil society, and international development partners gather this week in Japan for the ninth Tokyo International Conference on African Development (TICAD), it’s encouraging to see health taking a prominent place on the agenda. 

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The World Bank’s First USD Benchmark Bond of the 2026 Fiscal Year is a 10-Year with Record Orderbook

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WASHINGTON, D.C., August 19, 2025 – The World Bank (International Bank for Reconstruction and Development, IBRD, Aaa/AAA) today priced a USD 5 billion benchmark bond that matures in August 2035. The World Bank’s successful USD bond attracted its largest ever 10-year order book with investors around the world.  

With more than 180 investor orders, the transaction attracted over USD 13 billion high-quality investor orders, primarily driven by bank treasuries, central banks/official institutions, and asset managers.

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From crisis to action: Mobilizing tools for rapid response and lasting resilience

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Over the past year, I’ve seen a growing interest in, and a stronger demand for, better tools to prepare for and respond to crises. Our partners in government, the private sector, civil society, foundations, and other development organizations send us the same message time and time again: In the face of crisis, we need greater preparation and faster access to financing. 

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From open data to AI-ready data: Building the foundations for responsible AI in development

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The production and use of development data have undergone significant transformation over the past two decades. The shift from paper-based records to digital formats has made data more accessible and easier to share. The open data movement has dramatically increased the availability of government and institutional datasets, which in turn catalyzed greater opportunities for analysis, transparency, and innovation. And major advances in big data and data science have further expanded both the volume and diversity of information guiding development policy.

Amid rapid advances in artificial intelligence (AI), development data has now reached another pivotal juncture: the evolution to AI-ready development data—data that is readily discoverable, comprehensible, accessible, and usable by both humans and AI applications.

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Mid-Year Insights: Key Procurement Trends from MDBs and Global Forums

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Report_LongVersion

From Santiago to Abidjan, Milan to Dubai, the first half of 2025
brought a wealth of insight into how multilateral donors are
reshaping their funding strategies, procurement systems, and
development priorities. Assortis attended and monitored five of
the most influential events on the global development
calendar—those organised by the Inter-American
Development Bank (IDB), the African Development Bank
(AfDB), the Asian Development Bank (ADB), the European
Bank for Reconstruction and Development (EBRD), and the
Dubai International Humanitarian Aid & Development
Conference (DIHAD).
Across these gatherings, the message was clear: development
cooperation is entering a new phase—one that requires agility,
digital capacity, local engagement, and a deeper alignment with
ESG principles. In this report, we share our synthesis of key
messages, thematic takeaways, and practical implications for
professionals and organisations working across the development
spectrum

The Global Collaborative Co-Financing Platform: A Big Step Forward for Development Finance

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One Year Anniversary of the Co-financing Platform

Launched in April 2024, the Co-financing Platform currently has 16 members, including MDBs and bilateral partners. It presently hosts over 160 pipeline projects and 10 projects have had their financing needs met.

Read more about the Platform’s journey in this immersive story!