World Bank kicks off FY25 with $2.7b in sustainable bonds tied to SOFR rate
The World Bank initiated its fiscal year 2025 US Dollar Benchmark Programme by pricing two Sustainable Development…
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Secured Overnight Financing Rate (SOFR)
Egypt Oks LIBOR transition to SOFR in EBRD deals
Egyptian President Abdel Fattah al-Sisi issued the presidential decree no. 483 of 2023 approving the use of SOFR as…
World Bank approves $500 mln loan to Costa Rica
The World Bank (WB) has approved a $500 million loan to Costa Rica to strengthen support for the government’s…
