IBRD Funding Program

Benchmark & Global Bonds

  • Investors benefit from investing in global and benchmark bonds because of IBRD's credit quality, liquidity and portfolio opportunities. 

    Typical Terms of World Bank (IBRD) Global Bonds (USD or EURO)

    Average Summary and Conditions

    Issue Size

    2-4 billion

    Maturity

    2, 5, 7, 10 or 30 years

    Coupon

    Fixed, 30/360, semiannual

    Denomination

    1,000 or multiples thereof

    Listing

    Luxembourg

    Form of Notes

    Registered, Fed Bookentry notes (only USD)

    Clearing

    Euroclear, Clearstream, Fedwire (only USD)

    Governing of Law

    New York (for USD), English (for EUR)