World Bank Launches 1 billion Swedish Kronor-Linked Eurobond
Washington, DC, October 27, 2010 – Today, The World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA), launched a Swedish Kronor (SEK) 1 billion 2.25% Notes. The notes will be placed with institutional investors in Asia, Europe, and North America via JP Morgan as the underwriter.
Issuer: World Bank (International Bank for Reconstruction and Development, IBRD)
Issuer rating: Aaa/AAA
Amount: SEK 1 billion
Settlement date: November 8, 2010
Maturity date: November 8, 2013
Issue Price: 101.0450%
Coupon: 2.25% annually
Denomination: SEK 10,000
Listing: Luxembourg Stock Exchange
Clearing systems: Euroclear / 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.
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 187 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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