World Bank Launches Bond in South African Rand
Washington, DC, August 6, 2008 – The International Bank for Reconstruction and Development (the "World Bank") rated Aaa/AAA, launched a South African Rand (ZAR) 150 million note due August 13, 2010 for Japanese retail investors. Sole lead managed is TD Securities.
Amount: ZAR 150 million
Settlement date: August 13, 2008
Maturity date: August 13, 2010
Issue price: 96.9%
Coupon: 8.5% semi-annual
Denomination: ZAR 10,000 and 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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