Bond IBRD-Global 0.1% ( XS2274957310 ) in HKD

IBRD-Global

100 % ⇌

United States

XS2274957310 ( in HKD )

0.1% per year ( payment 1 time a year)

21/12/2022 - Bond has expired

Prospectus brochure of the bond IBRD XS2274957310 in HKD 0.1%, expired

1 000 000 HKD

200 000 000 HKD

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 HKD, with the ISIN code XS2274957310, pays a coupon of 0.1% per year.
The coupons are paid 1 time per year and the Bond maturity is 21/12/2022

Final Terms dated 16 December 2020

International Bank for Reconstruction and Development

Issue of HKD 200,000,000 0.1175 per cent. Notes due 21 December 2022

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.
MiFID II product governance / Professional investors and ECPs target markets See Term 28
below.
SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101261
(ii) Tranche Number:
1
3.
Specified Currency or Currencies
Hong Kong Dollars ("HKD")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
HKD 200,000,000

(ii) Tranche:
HKD 200,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount

(ii) Net Proceeds:
HKD 200,000,000
6.
Specified Denominations
HKD 1,000,000 and integral multiples thereof
(Condition 1(b)):
7.
Issue Date:
21 December 2020
8.
Maturity Date (Condition 6(a)):
21 December 2022
9.
Interest Basis (Condition 5):
0.1175 per cent. Fixed Rate
(further particulars specified below in Term 16)
10. Redemption/Payment Basis
Redemption at par
(Condition 6):
11. Change of Interest or
Not Applicable
Redemption/Payment Basis:
12. Call/Put Options (Condition 6):
Not Applicable
13. Status of the Notes (Condition 3):
Unsecured and unsubordinated
14. Listing:
Luxembourg Stock Exchange
15. Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):

(i)
Rate of Interest:
0.1175 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
21 December 2021 and 21 December 2022, not subject to
adjustment in accordance with a Business Day
Convention
(iii) Interest Period Date(s):
Each Interest Payment Date
(iv) Business Day Convention:
Not Applicable
(v) Day Count Fraction:
Actual/365 (Fixed)
(vi) Other terms relating to the
Not Applicable
method of calculating interest
for Fixed Rate Notes:
PROVISIONS RELATING TO REDEMPTION
17. Final Redemption Amount of each
HKD 1,000,000 per minimum Specified Denomination
Note (Condition 6):
18. Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
19. Form of Notes (Condition 1(a)):
Registered Notes:

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special
Hong Kong, London and New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
The first sentence of Condition 7(a)(ii) is hereby replaced
by the following: "Interest (which for the purpose of this
Condition 7(a) shall include all Instalment Amounts
other than final Instalment Amounts) on Registered
Notes shall be paid to the person shown on the Register
at the close of business on the calendar day before the
due date for payment thereof (the "Record Date")."
DISTRIBUTION
24. (i)
If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii) Stabilizing Manager(s) (if any)
Not Applicable
25. If non-syndicated, name of Dealer:
NatWest Markets Plc
26. Total commission and concession:
Not Applicable
27. Additional selling restrictions:
Not Applicable
28. MiFID II product governance /
Directive 2014/65/EU (as amended, "MiFID II")
Professional investors and ECPs
product governance / Professional investors and
target markets:
eligible counterparties ("ECPs") target market:
Solely for the purposes of the manufacturer's product
approval process, the target market assessment in respect
of the Notes has led to the conclusion that (i) the target
market for the Notes is eligible counterparties and
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professional clients, each as defined in MiFID II; and (ii)
all channels for distribution of the Notes to eligible
counterparties and professional clients are appropriate.
Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take
into consideration the manufacturer's target market
assessment; however, a distributor subject to MiFID II is
responsible for undertaking its own target market
assessment in respect of the Notes (by either adopting or
refining the manufacturer's target market assessment)
and determining appropriate distribution channels.
For the purposes of this provision, the expression
"manufacturer" means the Dealer.
OPERATIONAL INFORMATION

29. ISIN Code:
XS2274957310
30. Common Code:
227495731
31. Delivery:
Delivery against payment
32. Registrar and Transfer Agent (if any):
Citibank N.A., London Branch
33. Intended to be held in a manner which No
would allow Eurosystem eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 23 September 2020.
USE OF PROCEEDS
Supporting sustainable development in IBRD's member countries
The net proceeds from the sale of the Notes will be used by IBRD to finance sustainable development
projects and programs in IBRD's member countries (without being committed or earmarked for lending
to, or financing of, any particular projects or programs). Prior to use, the net proceeds will be invested
by IBRD's Treasury in accordance with IBRD's liquid asset management investment policies. IBRD's
financing is made available solely to middle-income and creditworthy lower-income member countries
who are working in partnership with IBRD to eliminate extreme poverty and boost shared prosperity,
so that they can achieve equitable and sustainable economic growth in their national economies and
find sustainable solutions to pressing regional and global economic and environmental problems.
Projects and programs supported by IBRD are designed to achieve a positive social impact and undergo
a rigorous review and internal approval process aimed at safeguarding equitable and sustainable
economic growth.
IBRD integrates the following five global themes into its lending activities helping its borrowing
members create sustainable development solutions: climate change; gender; infrastructure, public-
private partnerships and guarantees; knowledge management, and fragility, conflict and violence.
IBRD's administrative and operating expenses are covered entirely by IBRD's various sources of
revenue (net income) consisting primarily of interest margin, equity contribution and investment
income (as more fully described in the Information Statement).
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
for the Notes described herein issued pursuant to the Global Debt Issuance Facility of IBRD.

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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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Document Outline

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