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World Bank Issues Bond in Brazilian Real

Washington, DC, March 5, 2013 – Today, the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA) launched a Brazilian Real (BRL) 3-year note fixed rate note (settlement date: March 15, 2013). The notes mature on September 15, 2016, and have an annual coupon of 6%.

The notes will be placed with European investors via JP Morgan Chase Bank as the lead manager. 


Transaction Summary:

Issuer: World Bank (International Bank for Reconstruction and Development, IBRD)
Amount: BRL *100 million
Issue Date: March 15, 2013
Maturity Date: September 15, 2016
Issue Price: 99.735%
Coupon: 6% annually
Denomination: BRL 5,000
Listing: Luxembourg Stock Exchange
Clearing System: Euroclear / Clearstream
Lead Manager: JP Morgan Chase Bank
ISIN: XS0902317071

*On April 2, 2013, IBRD agreed to increase the principal amount with a second tranche in the amount of BRL 100 million with an issue price of 98.8330% (settlement date: April 8, 2013). On May 16, 2013, IBRD agreed to increase the principal amount with a third tranche in the amount of BRL 50 million with an issue price of 98.9375% (settlement date: May 22, 2013). On May 31, 2013, IBRD agreed to increase the principal amount with a fourth tranche in the amount of BRL 50 million with an issue price of 96.4375% (settlement date: June 7, 2013). The new total outstanding principal amount is BRL 300 million.

About the World Bank

The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody’s/S&P), is an international organization created in 1944. It operates as a global development cooperative owned by 188 nations. It provides its members with financing, expertise and coordination services so they can achieve equitable and sustainable economic growth in their national economies and find effective solutions to pressing regional and global economic and environmental problems. The overriding goal is to achieve major, sustainable improvements in standards of living worldwide. It has been issuing bonds in the international capital markets for over 60 years to fund its activities. Information for investors is available on the World Bank Treasury website: (www.worldbank.org/debtsecurities).

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