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Lending Rates for IBRD Flexible Loans (IFLs)
Signed on/after Sept. 24, 2009 (1)
IFL Loan Pricing |
| Lending Rate |
Variable Spread (2) |
Fixed Spread (3) |
10 years
and less * |
Greater than 10 and up to 14 years* |
Greater than 14 years* |
USD
|
LIBOR +0.17% |
LIBOR +0.60% |
LIBOR +0.80% |
LIBOR +1.05% |
EUR
|
LIBOR +0.17% |
LIBOR +0.60% |
LIBOR +0.80% |
LIBOR +1.05% |
JPY
|
LIBOR +0.17% |
LIBOR +0.50% |
LIBOR +0.70% |
LIBOR +0.95% |
| Front-End Fee |
0.25% |
1. For loans for which the Invitation to Negotiate was issued prior to July 23, 2009, and which have been approved by the Executive Directors by November 30, 2009, the lending rate will be 0.20% lower based on a contractual spread of 30 basis points. More... Development Policy Loans with a Deferred Drawdown Option (DPL DDO) carry a 0.75 percent front-end fee, plus a 0.50 percent renewal fee; and Catastrophe Risk or "Cat" DDOs carry a 0.50 percent front-end fee, plus a 0.25 percent renewal fee. Special Development Policy Loans carry a minimum loan spread of 2.00 percent over LIBOR, and a front-end fee of 1.00 percent of the principal loan amount.
2. The variable spread is adjusted every six months. The current variable spread applies to rate settings from July 1, 2009 through December 31, 2009.
3. The fixed spread is determined at loan signing and remains constant over the life of the loan. * As measured by average repayment maturity of the loan at commitment
Lending rates for other IBRD loans
For additional information about IBRD lending rates and charges, please consult the FAQs or contact us at bdm@worldbank.org.
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