Bond IBRD-Global 5% ( XS2349756176 ) in ZAR

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS2349756176 ( in ZAR )
Interest rate 5% per year ( payment 1 time a year)
Maturity 04/06/2023 - Bond has expired



Prospectus brochure of the bond IBRD XS2349756176 in ZAR 5%, expired


Minimal amount 10 000 ZAR
Total amount 500 000 000 ZAR
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 ZAR, with the ISIN code XS2349756176, pays a coupon of 5% per year.
The coupons are paid 1 time per year and the Bond maturity is 04/06/2023







Final Terms dated 1 June 2021
International Bank for Reconstruction and Development
Issue of ZAR 500,000,000 5.00 per cent. Notes due 4 June 2023

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 May 28, 2008. This document
constitutes the Final Terms of the Notes described herein and must be read in conjunction with
such Prospectus.
UK MiFIR product governance / Professional investors and ECPs only target market ­ See
Term 28 below.
SUMMARY OF THE NOTES

1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101371
(ii) Tranche Number:
1
3.
Specified Currency or Currencies
South African Rand ("ZAR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
ZAR 500,000,000
(ii) Tranche:
ZAR 500,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii) Net Proceeds:
ZAR 500,000,000
6.
Specified Denominations
ZAR 10,000 and integral multiples thereof
(Condition 1(b)):
7.
Issue Date:
4 June 2021
8.
Maturity Date (Condition 6(a)):
4 June 2023
9.
Interest Basis (Condition 5):
5.00 per cent. Fixed Rate
(further particulars specified below)
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:
5.00 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
4 June in each year, from and including 4 June 2022 to
and including the Maturity Date, 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/Actual (ICMA)
(Condition 5(l)):
(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
ZAR 10,000 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
Johannesburg, 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:
Goldman Sachs International
26. Total commission and concession:
Not Applicable
27. Additional selling restrictions:
Not Applicable
28. UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of
Professional investors and ECPs only
domestic law by virtue of the European Union
target market:
(Withdrawal) Act 2018 ("UK MiFIR") product
governance / Professional investors and ECPs only
target market: Solely for the purposes of the
manufacturer's product approval process, the target
2



market assessment in respect of the Notes has led to the
conclusion that: (i) the target market for the Notes is only
eligible counterparties, as defined in the FCA Handbook
Conduct of Business Sourcebook ("COBS"), and
professional clients, as defined in UK MiFIR; 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 the FCA
Handbook Product Intervention and Product Governance
Sourcebook (the "UK MiFIR Product Governance
Rules") 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.
IBRD does not fall under the scope of application of the
UK MiFIR package. Consequently, IBRD does not
qualify as an "investment firm", "manufacturer" or
"distributor" for the purposes of UK MiFIR.
For the purposes of this Term 28, the expression
"manufacturer" means the Dealer.

OPERATIONAL INFORMATION

29. ISIN:
XS2349756176
30. Common Code:
234975617
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 Eligible
Sustainable Development Projects.
"Eligible Sustainable Development Projects" means projects, programs and activities in
IBRD's member countries designed to achieve positive social and environmental impacts and
outcomes in line with IBRD's twin goals of eliminating extreme poverty and promoting shared
prosperity.
Eligible Sustainable Development Projects undergo a rigorous review and internal approval
process which integrates IBRD's sustainability policies and environmental and social
requirements.
IBRD's sustainable development bond framework ("SDBF"), as published from time to time,
describes the process for selecting, evaluating and reporting on Eligible Sustainable Development
Projects and contains descriptions and examples of such eligible projects.
3



The net proceeds from the sale of the Notes are not committed or earmarked for the lending
to, or financing of, any particular Eligible Sustainable Development Projects. Returns on Notes
are not linked to the performance of any particular Eligible Sustainable Development Projects.
Prior to use, the net proceeds from the sale of the Notes will be invested by IBRD's Treasury in
accordance with IBRD's liquid asset management investment policies. IBRD's administrative and
operating expenses are covered entirely by IBRD's various sources of revenue (net income)
consisting primarily of net loan revenues and investment income (as more fully described in the
Information Statement). The SDBF and the information set forth therein are not a part of, or
incorporated by reference into, the Prospectus.
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

4



Document Outline