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World Bank Launches 1 Billion 5-year Canadian Dollar Global Bond
The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/AAA), launched a Canadian Dollar 1 billion 5-year fixed rate global bond. This is the World Bank’s largest Canadian Dollar global bond and the largest single-tranche deal from a supranational issuer in this market. The last Canadian Dollar global bond from the World Bank was issued in October 2013 and was also a 5-year transaction.