World Bank Launches Bond in Turkish Lira
Washington, DC, July 07, 2008 – Today, the World Bank launched a 100 million Turkish Lira (TRY) 2-year fixed rate note, to respond to demand primarily from Japanese and European institutional investors. The transaction was lead managed by TD Securities, co-lead managed by ABN Amro and J. P. Morgan Chase and co-managed by HSBC and RBC Capital Markets.
Amount: TRY 100 million
Settlement Date: July 21, 2008
Maturity Date: July 21, 2010
Issue Price: 100.45%
Coupon: 19% annually
Denomination: TRY 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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