World Bank bond prices are complex. Global Interest Rates: Rising rates usually lower bond prices, while falling rates increase them, as new bonds offer more or less attractive yields.

Inflation Expectations: Higher inflation erodes bond value, decreasing prices. Lower inflation boosts bond prices.

Economic Growth Outlook: Stronger economic growth often leads to higher interest rates and lower bond prices. Slower growth can lead to lower interest rates and higher bond prices.

World Bank Credit Rating: Downgrades lower prices; upgrades increase them. Ratings reflect the World Bank's financial strength and ability to repay debt.

Currency Exchange Rates: Fluctuations impact returns for foreign investors, potentially affecting demand and prices.

Market Sentiment: General investor optimism or pessimism can influence bond buying and selling, impacting prices.

Supply and Demand: New bond issuances can dilute existing bond value, while high demand can drive prices up.