The World Bank (International Bank for Reconstruction and Development, IBRD), rated
Aaa/AAA, and Nomura Securities Co., Ltd. announced the launch of three World Bank
Sustainable Development Bonds designed for Japanese retail investors. These bonds,
denominated in Turkish Liras (TRY), Brazilian Reals (BRL), and Indian Rupee (INR), were
offered to investors from December 10 for one week and will settle to Japanese investors on
December 17.
The World Bank raises funds in the international capital markets to finance sustainable
development projects in developing countries focusing on poverty reduction and inclusive
growth across a range of sectors including among others: agriculture and food security;
education; energy; finance, trade and industry; healthcare and social services; law and
governance; transport; and water and sanitation.
The World Bank’s mission is to end extreme poverty within a generation and to promote
shared prosperity in a way that is sustainable over time and across generations. This
requires promoting environmental, social and fiscal sustainability.
Nomura has been promoting sustainable and responsible impact (SRI) investing as an
investment strategy for Japanese retail investors. Through the distribution of World Bank
Sustainable Development Bonds, Nomura is increasing awareness in Japan about how
individuals can achieve attractive and safe returns on their investments while also
participating in providing solutions to social and environmental issues that affect
communities in developing countries and around the world. Since the beginning of the year,
Nomura has sold a total of over JPY 56 billion (USD eq. 450 million) in World Bank
Sustainable Development Bonds, making it this products’ largest distributor in the Uridashi
market.
“World Bank projects support communities by promoting inclusive economic and
environmental sustainability. We welcome the participation of the Japanese retail market in
supporting projects that positively impact these communities in areas such as health, education, clean water, and transportation,” said Yoshiyuki Arima, Lead Financial Officer &
Representative of Japan, World Bank Treasury.
“World Bank Sustainable Development Bonds are a popular SRI product in the bond market
in Japan. We are pleased that many retail investors appreciate the value of investing in
products focused on achieving positive social impact. As a brokerage house that conducts
financial intermediation, Nomura would like to continue to assist the sustainable
development of developing countries,” said Teruhiko Ishida, the head of Debt Capital
Markets Department of Nomura Securities Co., Ltd.
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