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The World Bank Launches Two New
Sustainable Development Bonds for the Italian Market

Washington, DC, February 06, 2017 – The World Bank (International Bank for Reconstruction and Development or “IBRD”, rating Aaa/AAA) is pleased to announce the issuance of two new ten-year Sustainable Development Bonds denominated in Australian Dollar (AUD) and New Zealand Dollar (NZD). These bonds provide an opportunity for retail investors to combine their financial objectives with social and environmental sustainability goals.

The AUD-denominated Sustainable Development Bond pays a coupon every quarter at an annual fixed rate of 3.00%. The bonds mature in February 2027.

The NZD-denominated Sustainable Development Bond pays a coupon every quarter at an annual fixed rate of 3.60%. The bonds mature in February 2027.

Both bonds will be listed on MOT of Borsa Italiana – the AUD-denominated bonds starting on February 6, 2017, and the NZD-denominated bond starting on February 7, 2016. BNP Paribas will act as Liquidity Provider. The minimum purchase amount is AUD 2,000 and NZD 2,000.

The World Bank raises funds in the international capital markets to support sustainable development projects in borrowing member countries. These projects focus on poverty reduction and inclusive growth across a range of sectors including education, healthcare, agriculture and food security, and essential infrastructure. World Bank Sustainable Development Bonds provide investors with an opportunity to support member countries in achieving their development goals.

Further information about the product can be found on the website www.obbligazionisostenibili.org. For these bonds, the World Bank partnered with BNP Paribas, acting as Dealer and Liquidity Provider.

Summary of terms (*)

Issuer:
World Bank (International Bank for Reconstruction and Development, IBRD)
Issuer rating:
Aaa/AAA
Maturity:
10 years
Offer Period:
January 16 to January 27 subject to early closing under conditions reported in the final terms
Maturity Date:
February 6, 2027
Issuance date:
Feb 6th, 2017 (AUD)
Feb 7th, 2017 (NZD)
Amount:
5,000,000 (AUD)
5,000,000 (NZD)
Coupon:
3.00% p.a. (AUD)
3.60% p.a. (NZD)
Offer price (minimum purchase amount):
AUD 2,000
NZD 2,000
Maturity date:
February 6, 2027
Listing:
MOT of Borsa Italiana
Clearing systems:
Euroclear, Clearstream
ISIN:
XS1550144668 (AUD)
XS1550135088 (NZD)
Lead manager:
BNP Paribas
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(*) Nothing in this document should be construed as a solicitation or offer, legal, tax or other advice, or recommendation to engage in any transaction. The information in this document does not constitute a recommendation of the instruments referred to. It merely provides information and is not intended to be either a recommendation to acquire financial products or an offer or invitation to tender. Any offer of any of the two Sustainable Development Bonds 02/2027 will solely take place on the basis of the Prospectus, the relevant Final Terms and related legal documentations. For a detailed description of the Terms and Conditions of the Sustainable Development Bonds 02/2027 and the related risks with regard to an investment in either Bonds, please see the relevant legal documentation available at www.obbligazionisostenibili.org.

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 and the original member of the World Bank Group. It operates as a global development cooperative owned by 189 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 World Bank has two main goals: to end extreme poverty and promote shared prosperity. It seeks to achieve them primarily by providing loans, risk management products, and expertise on development-related disciplines to its borrowing member government clients in middle-income countries and other creditworthy countries, and by coordinating responses to regional and global challenges. It has been issuing sustainable development bonds in the international capital markets for over 60 years to fund its activities that achieve a positive impact. Information on World Bank bonds for investors is available on the World Bank Treasury website:  www.worldbank.org/debtsecurities  

For more information about World Bank Sustainable Development Bonds, see:  http://treasury.worldbank.org/cmd/htm/sustainable_investing.html

About BNP Paribas

BNP Paribas is a leading bank in Europe with an international reach. It has a presence in 75 countries, with more than 189,000 employees, including more than 146,000 in Europe. The Group has key positions in its three main activities: Domestic Markets and International Financial Services (whose retail-banking networks and financial services are covered by Retail Banking & Services) and Corporate & Institutional Banking, which serves two client franchises: corporate clients and institutional investors. The Group helps all its clients (individuals, community associations, entrepreneurs, SMEs, corporate and institutional clients) to realise their projects through solutions spanning financing, investment, savings and protection insurance. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail-banking model in Mediterranean countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Institutional Banking and International Financial Services activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas as well as a solid and fast-growing business in Asia-Pacific. For further information visit www.bnpparibas.com

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