Bond IBRD-Global 10.5% ( XS0128677605 ) in ZAR

IBRD-Global

100 % ▼

United States

XS0128677605 ( in ZAR )

10.5% per year ( payment 1 time a year)

25/05/2011 - Bond has expired

Prospectus brochure of the bond IBRD XS0128677605 in ZAR 10.5%, expired

110 000 000 ZAR

The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects.

The Bond issued by IBRD-Global ( United States ) , in ZAR, with the ISIN code XS0128677605, pays a coupon of 10.5% per year.
The coupons are paid 1 time per year and the Bond maturity is 25/05/2011

1

PRICING SUPPLEMENT

International Bank for Reconstruction and
Development

Global Debt Issuance Facility

No. 889

South African Rand 110,000,000 10.50 per cent. Notes due 25th May, 2011

RBC Dominion Securities
Schroder* Salomon Smith Barney

The date of this Pricing Supplement is 22nd May, 2001

2

This document ("Pricing Supplement") is issued to give details of an issue by International Bank
for Reconstruction and Development (the "Bank") under its Global Debt Issuance Facility.

This Pricing Supplement supplements the terms and conditions in, and incorporates by reference,
the Prospectus dated October 7, 1997 and all documents incorporated by reference therein (the
"Prospectus"), and should be read in conjunction with the Prospectus. Unless otherwise defined
in this Pricing Supplement, terms used herein have the same meaning as in the Prospectus.
Terms and Conditions

The following items under this heading "Terms and Conditions" are the particular terms which
relate to the issue the subject of this Pricing Supplement. These are the only terms which form
part of the form of Notes for such issue:

1.
No:
889
2.
Aggregate Principal Amount:
South African Rand 110,000,000
3.
Issue Price:
94.00 per cent.
4.
Issue Date:
25th May, 2001
5.
Form of Notes (Condition 1(a)):
Bearer only
6.
Authorised Denominations (Condition 1(b)):
South African Rand 5,000, 50,000, and 500,000
7.
Specified Currency (Condition 1(d)):
South African Rand
8.
Maturity Date:
25th May, 2011
9.
Interest Basis (Condition 5):
Fixed Interest Rate
10.
Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
10.50 per cent. per annum
(b)
Fixed Interest Payment Date(s):
25th May, 2002; 25th May, 2003;

25th May, 2004; 25th May, 2005;
25th May, 2006; 25th May, 2007;
25th May, 2008; 25th May, 2009;
25th May, 2010; 25th May, 2011.

(c)
Fixed Rate Day Count Fraction:
Actual/Actual (meaning that, when interest is
required to be calculated for a period of less
than one year, it will be calculated on the basis
of the actual number of days in the period from
and including the date from which interest
begins to accrue to but excluding the date on
which it falls due and the actual number of days
in the relevant annual interest period)
11.
Relevant Financial Center:
Johannesburg
12.
Relevant Business Day:
Johannesburg and London

13.
Issuer's Optional Redemption (Condition

6(e)):
No
14.
Redemption at the option of the Noteholders
(Condition 6(f)):
No

3

(Condition 6(f)):
No

15.
Long Maturity Note (Condition 7(f)):
Yes
16.
Prescription (Condition 8):

(a)
Principal:
10 years
(b)
Interest:
5 years
17.
Governing Law:
English

Other Relevant Terms

1.
Listing (if yes, specify Stock Exchange):
Yes - Luxembourg Stock Exchange
2.
Details of Clearance System approved by

the Bank and the Global Agent and

Clearance and Settlement Procedures:
Clearstream Banking, société anonyme and
Euroclear Bank S.A./N.V. as operator of the
Euroclear System.
References in the Terms and Conditions to
"Cedel Bank" shall be replaced by references to
"Clearstream Banking, société anonyme".
References in the Terms and Conditions to
"Morgan Guaranty Trust Company of New
York, Brussels Office," shall be replaced by
references to "Euroclear Bank S.A./N.V."
3.
Syndicated:
Yes
4.
If Syndicated:

(a)
Liability:
Joint and several

(b)
Lead Manager:
Royal Bank of Canada Europe Limited

(c)
Stabilising Manager:
Royal Bank of Canada Europe Limited
5.
Commissions and Concessions:
Combined management and underwriting
commission:
(i)
0.325 per cent. of the principal amount of
the Notes
Selling concession:
(i)
1.675 per cent. of the principal amount of
the Notes
6.
Codes:

(a)
Common Code:
12867760

(b)
ISIN:
XS0128677605

7.
Identity of Managers:
Royal Bank of Canada Europe Limited
Salomon Brothers International Limited

4

8.
Provisions for Bearer Notes:

(a)
Exchange Date:
Not earlier than July 4, 2001.

(b)
Permanent Global Note:
Yes

(c)
Definitive Bearer Notes:
No
9.
Other Address at which Bank Information
None
available:

General Information
The Bank's latest Information Statement was issued on September 15, 2000.

The following additional selling restrictions apply to the issue:

1.
United States
TEFRA D Rules apply
The Notes are subject to United States tax law
restrictions. Notes may not be offered, sold or
delivered, directly or indirectly, within the
United States or to United States persons except
to the extent permitted in the Terms Agreement.
2.
Republic of South Africa
Each Manager has represented and agreed that it

has not offered or sold and will not offer or sell,
directly or indirectly, any Notes in the Republic
of South Africa or to persons resident in the
Republic of South Africa except in accordance
with the South African Exchange Control
Regulations and in circumstances which would
not constitute an offer to the public within the
meaning of the South African Companies Act,
1973 (as amended).

3.
United Kingdom:
Each Manager has represented and agreed that it
has complied and will comply with all
applicable provisions of the Financial Services
Act 1986 with respect to anything done by it in
relation to the Notes in, from or otherwise
involving the United Kingdom.

5

INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT

By:

ICM:506945.2
* Schroder is a trademark of Schroders Holdings plc and is used under licence by Salomon Brothers International Limited._