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Lending Spreads for IBRD Variable Spreads Loans (VSLs)

 

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As of February 12, 2008, Variable Spread Loan (VSL) is no longer available for new loan commitments. These loans were originally called Variable-Rate Single Currency Loan (VSCL or SCL).

Loans signed on or after September 28, 2007


Variable Spreads for VSLs
for interest periods
Beginning
Ending
Spread (bps)
Oct. 1, 2017 Dec. 31, 2017
26
Jul. 1, 2017 Sep. 30, 2017
25
Apr. 1, 2017 Jun. 30, 2017
25
Jan. 1,2017 Mar. 30, 2017
24
Jul. 1, 2016 Dec. 31, 2016
21
Jan. 1, 2016 Jun. 30, 2016
17
Jul. 1, 2015 Dec. 31, 2015
15
Jan. 1, 2015 Jun. 30, 2015
13
Jul. 1, 2014 Dec. 31, 2014
10

Loans for which Invitation to Negotiate was
issued on or after July 31, 1998 and signed
before September 28, 2007

Variable Spreads for VSLs
for interest periods
Beginning
Ending
Spread (bps)
Oct. 1, 2017 Dec. 31, 2017
70
Jul. 1, 2017 Sep. 30, 2017
69
Apr. 1, 2017 Jun. 30, 2017
69
Jan. 1,2017 Mar. 30, 2017
68
Jul. 1, 2016 Dec. 31, 2016
65
Jan. 1, 2016 Jun. 30, 2016
61
Jul. 1, 2015 Dec. 31, 2015
59
Jan. 1, 2015 Jun. 30, 2015
57
Jul. 1, 2014 Dec. 31, 2014
54

Loans for which Invitation to Negotiate was
issued: Prior to July 31, 1998

Variable Spreads for VSLs
for interest periods
Beginning
Ending
Spread (bps)
Oct. 1, 2017 Dec. 31, 2017
45
Jul. 1, 2017 Sep. 30, 2017
44
Apr. 1, 2017 Jun. 30, 2017
44
Jan. 1,2017 Mar. 30, 2017
43
Jul. 1, 2016 Dec. 31, 2016
40
Jan. 1, 2016 Jun. 30, 2016
36
Jul. 1, 2015 Dec. 31, 2015
34
Jan. 1, 2015 Jun. 30, 2015
32
Jul. 1, 2014 Dec. 31, 2014
29

For additional information about IBRD lending rates and charges, please contact us at FAB@worldbank.org