World Bank Launches Bond in Malaysian Ringgit
Washington, DC, May 14, 2013 – Today, the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA) announced a Malaysian Ringgit (MYR) 150 million 3-year fixed rate bond. The notes are due on May 12, 2016 and have an annual coupon of 1.875%.
The bonds were distributed to institutional investors in Europe and USA.
The sole lead-manager for the transaction is The Toronto-Dominion Bank.
Issuer: World Bank (International Bank for Reconstruction and Development, IBRD)
Amount: MYR 150 million
Issue Date: May 23, 2013
Maturity Date: May 12, 2016
Issue Price: 101.1175%
Coupon: 1.875% annual
Denomination: MYR 10,000 and multiples thereof
Listing: Luxembourg Stock Exchange
Clearing System: Euroclear / Clearstream
Lead Manager: The Toronto-Dominion Bank
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).
Back to Press Releases