World Bank Launches Bond in Romanian Leu
Washington, DC, October 3, 2008 – Today, the World Bank launched a Romanian Leu (RON) 150 million 2-year fixed rate note for institutional investors in Europe. The transaction was joint lead managed by ABN AMRO and TD Securities. The issue marks the World Bank’s return to the RON market, after having been the first foreign bond issuer in the domestic Romanian market in 2006.
Amount: RON 150 million
Settlement date: October 10, 2008
Maturity date: October 10, 2010
Issue price: 100.55%
Coupon: 9.25% annually
Denomination: RON 1,000
Clearing systems: Euroclear and Clearstream
The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see: http://treasury.worldbank.org/recentissues.
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