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World Bank Launches Russian Ruble Green Bonds

Washington, DC, June 13, 2013 - Today, the World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/ AAA) launched a Russian Ruble (RUB) 10-year fixed rate World Bank Green Bond. The lead order for this transaction was from "SMBC Nikko World Bank Green Fund" managed by Nikko Asset Management (Nikko AM).

World Bank Green Bonds support World Bank’s lending to eligible development programs that are designed to address the challenges of climate change in the developing world. Examples of the types of eligible projects include alternative energy installations, new technologies that reduce greenhouse gas emissions, reforestation, watershed management and flood protection.

To date, the World Bank has issued approximately USD 3.5 billion equivalent of Green Bonds through 57 transactions in 17 currencies. HSBC Bank plc is the sole underwriter for this transaction.

Transaction Summary:

Issuer: World Bank (International Bank for Reconstruction and Development, IBRD)
Amount: RUB 529.2 million
Settlement date: June 20, 2013
Maturity date: June 20, 2023
Coupon: 6.75% annual
Denomination: RUB 50,000
Listing: Luxembourg Stock Exchange
Lead Manager: HSBC Bank plc
ISIN: XS0945575347




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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