Bond IBRD-Global 0% ( XS0667237126 ) in USD

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS0667237126 ( in USD )
Interest rate 0%
Maturity 24/08/2012 - Bond has expired



Prospectus brochure of the bond IBRD XS0667237126 in USD 0%, expired


Minimal amount /
Total amount 36 000 000 USD
Detailed description 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 USD, with the ISIN code XS0667237126, pays a coupon of 0% per year.
The coupons are paid 2 times per year and the Bond maturity is 24/08/2012









Final Terms dated 22 August 2011
International Bank for Reconstruction and Development
Issue of USD 36,000,000 Zero Coupon USD/INR Rate linked Notes due 24 August 2012
under the
Global Debt Issuance Facility

Terms used herein shall be deemed to be defined as such for the purposes of the terms
and conditions (the "Conditions") set forth in the Prospectus dated 28 May 2008. This
document constitutes the Final Terms of the Notes described herein and must be read in
conjunction with such Prospectus.
SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development ("IBRD")
2. (i) Series Number:
10646
(i ) Tranche Number:
1
3. Specified Currency or
United States Dollars ("USD")
Currencies (Condition
1(d)):
4. Aggregate Nominal

Amount:
(i) Series:
USD 36,000,000
(i ) Tranche:
USD 36,000,000
5. (i) Issue Price:
97.040272 per cent. of the Aggregate Nominal Amount
(i ) Net Proceeds:
USD 34,934,497.92
6. (i) Specified

USD 100,000 and integral multiples of USD 20,000 in excess thereof
Denominations


(Condition 1(b)):



(i ) Calculation Amount
USD 20,000
(Condition 5(j)):
7. Issue Date:
24 August 2011
8. Maturity Date
24 August 2012; provided, that, if the corresponding Rate Fixing Date is
(Condition 6(a)):
adjusted for Unscheduled Holidays or in the event that Disruption Event
in respect of the USD/Indian rupee ("INR") rate applies, the Maturity
Date shall be five Business Days after the date on which the USD/INR
Rate is determined.
9. Interest Basis
Zero Coupon
(Condition 5):
(further particulars specified in Term 16 below)
10. Redemption/Payment
USD/INR Linked Redemption payable in USD
Basis (Condition 6):
(further particulars specified in Term 17 below)
11. Change of Interest or
Not Applicable
Redemption/Payment
Basis:

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12. Call/Put Options
Not Applicable
(Condition 6):
13. Status of the Notes
Unsecured and unsubordinated
(Condition 3)
14. Listing
Luxembourg Stock Exchange
15. Method of distribution
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Zero Coupon Note
Applicable
Provisions (Condition
5(c)):
(i) Amortization Yield
3.05 per cent.
(Condition 6(c)(ii)):
(ii)
Day Count
30/360
Fraction (Condition
5(l)):
(iii)
Any other
Not Applicable
formula/basis of
determining amount
payable:
PROVISIONS RELATING TO REDEMPTION
17. Final Redemption
The Final Redemption Amount per Calculation Amount shal be an
Amount of each Note
amount in USD, calculated by the Calculation Agent in accordance with
(Condition 6):
the following:

Calculation Amount * USD/INR Initial Rate/USD/INR Final Rate

where

"USD/INR Final Rate" means the USD/INR Rate on the Rate Fixing
Date.

"USD/INR Initial Rate" means 45.26, based on a rate of exchange of
INR to USD on a trade date of 16 August 2011

USD/INR Rate

In respect of a Rate Fixing Date, the "USD/INR Rate" means the spot
rate for such date that is equal to the INR/USD official fixing rate
expressed as the amount of INR per one USD, for settlement in two
Business Days, reported by the Reserve Bank of India, which appears on
the Reuters screen "RBIB" (or such other page or service as may replace
any such page for the purposes of displaying the INR/USD reference
rate) at approximately 12:30 p.m. Mumbai Time on the corresponding
Rate Fixing Date, subject to the Fal Back Provisions for USD/INR Rate.



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Rate Fixing Date

The date that is five Mumbai and Singapore Business Days prior to the
Maturity Date or the date upon which the Notes become due and payable
as provided in Condition 9, is the "Scheduled Rate Fixing Date".
However in the event of an Unscheduled Holiday, the Rate Fixing Date
shall be the first following day that is a relevant Business Day.

"Unscheduled Holiday" means a day that is not a Mumbai Business
Day and the market was not aware of such fact (by means of a public
announcement or by reference to other publicly available information)
until a time later than 9.00 a.m. Mumbai Time, two Mumbai Business
Days prior to the Scheduled Rate Fixing Date.

Deferral Period for Unscheduled Holiday:

In the event the Scheduled Rate Fixing Date becomes subject to the
Fol owing Business Day Convention and if the Rate Fixing Date has not
occurred on or before the 14th consecutive day after the Scheduled Rate
Fixing Date (any such period being a "Deferral Period"), then the next
day after the Deferral Period that would have been a Business Day but
for the Unscheduled Holiday shall be deemed to be the Rate Fixing Date.

Fall Back Provisions for USD/INR Rate

"Disruption Event" means a Price Source Disruption occurs.

"Price Source Disruption" means it becomes impossible to obtain the
USD/INR Rate on a Rate Fixing Date.
Applicable Disruption Fallbacks:
In the event of a Disruption Event, the Calculation Agent shall apply each
of the following Disruption Fallbacks for the determination of the
USD/INR Rate, in the fol owing order, until the USD/INR Rate can be
determined.
1. Valuation Postponement

SFEMC INR Indicative
2. Fal back Reference Price
Survey Rate (INR02)
3. Fallback Survey Valuation
Postponement
4.
Calculation
Agent
Determination of USD/INR
Rate


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"Cumulative Events":
Except as provided below, in no event shall the total number of
consecutive calendar days during which either (i) valuation is deferred
due to an Unscheduled Holiday, or (ii) a Valuation Postponement shall
occur (or any combination of (i) and (ii)), exceed 14 consecutive calendar
days in the aggregate. Accordingly, (x) if, upon the lapse of any such 14
calendar day period, an Unscheduled Holiday shall have occurred or be
continuing on the day following such period that otherwise would have
been a Business Day, then such day shall be deemed to be a Rate
Fixing Date, and (y) if, upon the lapse of any such 14 calendar day
period, a Price Source Disruption shall have occurred or be continuing on
the day following such period on which the Spot Rate otherwise would be
determined, then Valuation Postponement shall not apply and the Spot
Rate shall be determined in accordance with the next Disruption
Fal back.
For the purposes of these provisions:
"Valuation Postponement"
means, for purposes of obtaining the USD/INR Rate, the relevant spot
rate wil be determined on the Business Day first succeeding the day on
which the Price Source Disruption ceases to exist, unless the Price
Source Disruption continues to exist (measured from the date that, but
for the occurrence of the Price Source Disruption, would have been the
Rate Fixing Date) for a consecutive number of calendar days equal to the
Maximum Days of Postponement. In such event, the USD/INR Rate wil
be determined on the next Business Day after the Maximum Days of
Postponement (which will, subject to the provisions relating to Fal back
Survey Valuation Postponement, be deemed to be the applicable Rate
Fixing Date) in accordance with the next applicable Disruption Fallback.

"Maximum Days of Postponement" means 14 calendar days.

"Fallback Reference Price" means, that if there is a Price Source
Disruption with respect to the USD/INR spot rate reported by the
Reserve Bank of India on Reuters Screen "RBIB" (or such other page or
service as may replace such page for the purposes of displaying the
USD/INR reference rate), and Valuation Postponement fails to produce
the USD/INR Rate, then the USD/INR Rate for the Rate Fixing Date will
be determined by the Calculation Agent by reference to the SFEMC INR
Indicative Survey Rate (INR02).

"SFEMC INR Indicative Survey Rate (INR02)" means that the USD/INR
rate for a given Rate Fixing Date wil be the INR/USD specified rate for
USD, expressed as the amount of INR per one USD, for settlement in
two Business Days, as published on the web site of the Singapore
Foreign Exchange Market Committee, EMTA Inc. ("SFEMC") at
approximately 3:30 p.m. (Singapore time), or as soon thereafter as
practicable, on such date. The USD/INR rate shall be calculated by

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SFEMC (or a service provider SFEMC may select in its sole discretion)
pursuant to the SFEMC INR Indicative Survey Methodology ("SFEMC
INR Indicative Survey") for the purpose of determining the SFEMC INR
Indicative Survey Rate.

"SFEMC INR Indicative Survey" means a methodology, dated as of
December 1, 2004, as amended from time to time, for a centralised
industry-wide survey of financial institutions that are active participants in
the INR/USD markets for the purpose of determining the SFEMC INR
Indicative Survey Rate (INR02).

"Fallback Survey Valuation Postponement" means that, in the event
that the Fallback Reference Price is not available on or before the third
Business Day (or day that would have been a Business Day but for an
Unscheduled Holiday) succeeding the end of either (i) Valuation
Postponement for Price Source Disruption, (ii) Deferral Period for
Unscheduled Holiday, or (iii) Cumulative Events, then the Settlement
Rate wil be determined in accordance with the next applicable Disruption
Fal back on such day (which wil be deemed to be the applicable Rate
Fixing Date). For the avoidance of doubt, Cumulative Events, if
applicable, does not preclude postponement of valuation in accordance
with this provision.

"Calculation Agent Determination of USD/INR Rate" means, if
Fal back Survey Valuation Postponement fails to produce the USD/INR
Rate, then the Calculation Agent wil determine the USD/INR Rate for the
Rate Fixing Date, taking into consideration all available information that
in good faith it deems relevant.

"Business Day" means any day on which commercial banks and foreign
exchange markets settle payments and are open for general business
(inlcuding dealings in foreign exchange and foreign currency deposits) in
London, New York City, Singapore and Mumbai.

"Mumbai Business Day" means any day on which commercial banks
and foreign exchange markets settle payments and are open for general
business (including dealings in foreign exchange and foreign currency
deposits) in Mumbai.

"Mumbai and Singapore Business Day" means any day on which
commercial banks and foreign exchange markets settle payments and
are open for general business (including dealings in foreign exchange
and foreign currency deposits) in Mumbai and Singapore.

"Calculation Agent" means Citibank N.A., London Branch.

18. Early Redemption
In the event of any Notes becoming due and payable prior to the Maturity
Amount (Condition
Date in accordance with Condition 9, the Early Redemption Amount for
6(c)):
each Note shall be the Amortized Face Amount of such Note in USD as

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calculated and defined in Condition 6(c), where the Amortization Yield is
3.05 per cent., multiplied by the USD/INR Initial Rate divided by the
USD/INR Final Rate (as defined in Term 17 above).

GENERAL PROVISIONS APPLICABLE TO THE NOTES
19. Form of Notes
Registered Notes:
(Condition 1(a)):

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Center(s) or
Mumbai, Singapore, London and New York
other special
provisions relating to
payment dates
(Condition 7(h)):
22. Governing law
English
(Condition 14)
23. Other final terms:
Not Applicable
DISTRIBUTION
24. (i) If syndicated,
Not Applicable
names and
addresses of
Managers and
underwriting
commitments:
(ii) Stabilizing
Not Applicable
Manager(s) (if
any):
25. If non-syndicated,
J.P. Morgan Securities Ltd.
name and address of
125 London Wal
Dealer:
London EC2Y 5AJ
England
26. Total commission and
Not Applicable
concession:
27. Additional sel ing
The Republic of India
restrictions:
The Notes have not been and will not be registered with the Securities
and Exchange Board of India, the Reserve Bank of India or any other
regulatory authorities in India. None of the Prospectus, these Final Terms
or any other offering material related to the sale and distribution of the
Notes has been or wil be used on Indian territory and/or distributed to
residents of India.

OPERATIONAL

INFORMATION
28. ISIN Code:
XS0667237126

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29. Common Code:
066723712
30. Delivery:
Delivery against payment
31. Registrar and Transfer
Citibank N.A., London Branch
Agent (if any):
32. Intended to be held in a No
manner which would
allow Eurosystem
eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 22 September 2010
LISTING APPLICATION
These Final Terms comprise the final terms required for the admission to the Official List
of the Luxembourg Stock Exchange and to trading on the Luxembourg Stock Exchange's
regulated market of the Notes described herein issued pursuant to the Global Debt Issuance
Facility of International Bank for Reconstruction and Development.
RESPONSIBILITY
IBRD accepts responsibility for the information contained in these Final Terms.
Signed on behalf of IBRD:
By: ......................................................

Name:

Title:

Duly authorized



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