About World Bank Treasury  |  FAQ  |  Contact  
|  

IBRD Lending Rates and Loan Charges

 

Looking for lending rates for
other IBRD loans?

Want to learn more about how pricing is determined?

IBRD Pricing Basics

 

 

 

 

 

Lending Rates for IBRD Flexible Loans
as of January 1, 2010 (1)
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 +0.24%
LIBOR +0.60%
LIBOR +0.80%
LIBOR +1.05%

EUR

LIBOR +0.24%
LIBOR +0.60%
LIBOR +0.80%
LIBOR +1.05%

JPY
LIBOR +0.24%
LIBOR +0.50%
LIBOR +0.70%
LIBOR +0.95%
Front-End Fee
0.25%

Note: The base lending rate for IBRD Flexible Loans is the six-month LIBOR. Check the website of the British Bankers' Association for historical LIBOR rates.

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 0.30%. More...

2. The variable spread is adjusted every six months. The current variable spread applies to rate settings from January 1, 2010 through June 30, 2010.
3. The fixed spread is determined at loan signing and remains constant over the life of the loan. Current fixed spreads apply to loans signed on/after September 24, 2009.

                            * As measured by average repayment maturity of the loan at commitment

Financial Terms for IBRD Special Development Policy Loans

Lending Rate

6-Month LIBOR + minimum of 2.00%
Front-End Fee
1.00% of the principal loan amount
Repayment Terms
5 to 10-year final maturity;
3 to 5-year grace period
The SDPL offers the same flexibility as the IFL to manage currency and interest rate risk with embedded risk management options. See Operations Policy (OP) 8.60 for further details.

For additional information about IBRD lending rates and charges, please consult the FAQs or contact us at bdm@worldbank.org.