The World Bank Issues Bond in Turkish Lira
Washington, DC, February 8, 2006 - The World Bank has issued a Turkish Lira (TRY) bond. The notes will be placed with European retail and institutional investors via Lehman Brothers International Europe as the lead manager.
Amount: TRY 50 million
Settlement date: February 21, 2006
Maturity Date: August 22, 2007
Issue price: 100.80%
Coupon: 12.00% annually
Denomination: TRY 2,000 and integral multiples thereof
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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