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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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