Washington, DC, February 13, 2006 - The World Bank has issued a New Zealand Dollar (NZD) bond. The notes will be placed with Asian institutional and European retail and institutional investors via RBC Capital Markets as the lead manager and the following syndicate members: Bank Vontobel AG, Banque et Caisse d’Epargne de l’Etat, Daiwa Securities SMBC Europe Limited, ING, KBC Bank NV, Rabobank London, UBS Investment Bank.

Amount: NZD 200 million
Settlement date: February 27, 2006
Maturity Date: July 15, 2009
Issue price : 101.325%
Coupon: 6.375% annually
Denomination: NZD 1,000 and integral multiples thereof
Listing : Luxembourg
Clearing systems: Euroclear and Clearstream
ISIN: XS0244793401

 The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see: http://treasury.worldbank.org/recentissues