|
Looking for lending rates for
other IBRD loans?
Want to learn more about how pricing is determined?
|
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...
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 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.
|