Lending Rates for Fixed-Rate Single Currency Loans (SCLS)

DEUTSCHE MARKS
(For Loans to Which Invitation to Negotiate
Was Extended Before July 31, 1998)
Lending Rates for Fixed-Rate* Single Currency Loans (SCLs)

---Lending Rate---
Rate FixingStructure Type**
Date3/12**3/9**3/6**
15-DEC-1998 4.38 4.18 3.93
15-NOV-1998 4.72 4.53 4.29
15-OCT-1998 4.87 4.66 4.41
15-SEP-1998 4.73 4.51 4.25
15-AUG-1998 5.08 4.92 4.73
15-JUL-1998 5.20 5.05 4.86
15-JUN-1998 5.34 5.22 5.06
15-MAY-1998 5.51 5.37 5.18
15-APR-1998 5.38 5.24 5.08
15-MAR-1998 5.37 5.21 5.00
15-FEB-1998 5.47 5.29 5.06
15-JAN-1998 5.58 5.40 5.15
15-DEC-1997 5.97 5.82 5.61
15-NOV-1997 6.19 6.02 5.78
15-OCT-1997 6.13 5.95 5.71
15-SEP-1997 6.09 5.84 5.49
15-AUG-1997 6.13 5.86 5.48
15-JUL-1997 5.92 5.61 5.17
15-JUN-1997 6.12 5.80 5.32
15-MAY-1997 6.06 5.76 5.30
15-APR-1997 6.26 5.96 5.50
15-MAR-1997 6.12 5.83 5.41
15-FEB-1997 5.94 5.63 5.15
15-JAN-1997 6.22 5.87 5.34
* Some of the lending rates, on dates for which actual rate-fixings have not been done, are indicative only.
** The structure type indicates the grace period and final maturity for each Disbursed Amount of the loan, as approved in the loan agreement. Thus, a "3/12" structure means a grace period of 3 years and a final maturity of 12 years for each Disbursed Amount of the loan whose rate has been fixed.
***INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT