World Bank Issues Malaysian Ringgit-linked Fixed Rate Eurobonds
Washington, DC, June 13, 2013 - Today, the World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/ AAA) announced a Malaysian Ringgit (MYR) linked 2.1% Eurobond for
Nikko Asset Management (Nikko AM) through J.P Morgan Securities plc as underwriter.
World Bank (International Bank for Reconstruction and Development, IBRD)
Amount: MYR 100 million
Settlement Date: June 19, 2013
Maturity Date: June 19, 2015
Issue Price: 100%
Coupon: 2.1% annually
Denomination: MYR 10,000
Listing: Luxembourg Stock Exchange
Clearing Systems: Euroclear and Clearstream
Lead Manager: J.P Morgan Securities plc
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: (http://treasury.worldbank.org/capitalmarkets).
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