"The World Bank will play a crucial role in helping emerging market economies respond to the coronavirus crisis. Investors have expressed their huge support for the World Bank in this role by subscribing in tremendous size for this USD8 billion Sustainable Development Bond. Citi is proud to be alongside the World Bank and our partner book-runners for this important transaction," said Manolo Falco, Co- Head of BCMA, Citigroup "At this critical juncture for the global economy, facilitating the flow of capital to the most vulnerable regions in the world is of paramount importance. The World Bank is at the nexus of those flows and through this USD benchmark bond offering, global investors have an opportunity to support their efforts to finance sustainable development including their support for healthcare projects in the developing world.