World Bank Launches Bond in Turkish Lira
Washington, DC, September 17, 2007 –
The World Bank launched a Turkish Lira (TRY) bond. The notes will be placed with European investors via TD Securities as the lead manager.
Amount: TRY 75 million
Settlement date: October 2, 2007
Maturity date: April 3, 2009
Issue price: 100.40%
Coupon: 15.25% annually (short first coupon)
Denomination: TRY 1,000 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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