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

DEUTSCHE MARKS
(For Loans to Which Invitation to Negotiate
Was Extended on Or After 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 4.63 4.43 4.18
15-NOV-1998 4.97 4.78 4.54
15-OCT-1998 5.12 4.91 4.66
15-SEP-1998 4.98 4.76 4.50
15-AUG-1998 5.33 5.17 4.98
15-JUL-1998 5.45 5.30 5.11
* 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