The World Bank doubled the size of its December 2022 SONIA - branded note after winning strong demand from investors . The triple - A rated note received more than $ 400 m ( $ 510 ) of overnight demand in order to raise manager interest , plus a second tranche to reach a total deal size of £ 1bn . The deal was priced at £1 over SONIA in - line with inflation .
The World Bank doubled the size of its December 2022 SONIA-linked note after winning strong demand from investors. The triple-A rated supranational received more than £400m ($510) of overnight demand in addition to lead manager interest, adding a second tranche to reach a total deal size of £1bn. The deal was priced at 22bp over SONIA in-line with IPTs.