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World Bank increases Chinese Renminbi Bond to 2 billion

Washington, DC, June 6, 2013 - The World Bank (International Bank for Reconstruction and Development, IBRD, rated Aaa/ AAA) today responded to additional investor demand and increased by RMB 300 million the offshore Chinese Renminbi bond first traded on May 31, 2013. The total amount of the 1-year bond is now 2 billion Chinese Renminbi (approximately US$326 million equivalent).

The distribution for the entire offshore Chinese Renminbi 2 billion bond is as follows: 34% of the bonds were distributed to investors based in Asia, 34% in the Americas, and 32% in Europe and the Middle East; central banks / official institutions took 43%, asset managers, pension funds and insurance companies 30%, and banks, private banks and corporates 27% of the transaction.

The sole lead-manager is HSBC.

Transaction Summary:

Issuer: World Bank
Rating: Aaa/AAA
Amount
: Renminbi 2 billion
Trade Dates: June 6, 2013 for RMB 300 million (and May 31, 2013 for RMB 1.7 billion)
Issue Date: June 17, 2013
Maturity Date: June 17, 2014
Issue Price: 100%
Coupon: 2% (semi-annual; act/365 (fixed))
Listing: Luxembourg Stock Exchange
Clearing System: Euroclear / Clearstream
Lead Manager: HSBC

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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