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World Bank Issues
Bond in Iceland Krona
Washington, DC, April 26, 2007 – Today, the World Bank launched a total of 6 billion Iceland krona (ISK) bonds for European institutional and retail investors. The bonds were issued in 3 tranches of ISK 2 billion each, giving investors the choice of 3 maturities: 2, 3, and 4 years. ABN AMRO and UBS Investment Bank are the lead managers for the transaction and Deutsche Bank AG, KBC, and Dexia are the co-managers.
Amount: |
ISK 2 billion |
ISK 2 billion |
ISK 2 billion |
Maturity Date: |
May 11, 2009 |
May 11, 2010 |
May 11, 2011 |
Issue Price: |
100.25% |
100.00% |
100.375% |
Coupon: |
11.50% |
10.00% |
9.25% |
ISIN: |
XS0299182526 |
XS0299182872 |
XS0299183417 |
Settlement date: |
May 11, 2007 |
Denomination: |
ISK 100,000 |
Listing: |
Luxembourg |
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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