Bond IBRD-Global 1.3% ( XS2431006233 ) in GBP

IBRD-Global

100 % ▲

United States

XS2431006233 ( in GBP )

1.3% per year ( payment 1 time a year)

12/12/2028

Prospectus brochure of the bond IBRD XS2431006233 en GBP 1.3%, maturity 12/12/2028

1 000 GBP

1 500 000 000 GBP

13/12/2025 ( In 164 days )

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 International Bank for Reconstruction and Development (IBRD) issued a GBP 1,500,000,000 bond (ISIN: XS2431006233), maturing on December 12, 2028, with a 1.3% coupon rate, paying annually, currently trading at 100% of par value in minimum denominations of GBP 1,000.

Final Terms dated 10 January 2022

International Bank for Reconstruction and Development

Issue of GBP 1,500,000,000 1.250 per cent. Notes due 13 December 2028

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 September 24, 2021. This
document constitutes the Final Terms of the Notes described herein and must be read in
conjunction with such Prospectus.
MiFID II product governance / Retail investors, professional investors and ECPs target
market See Term 28 below.
UK MiFIR product governance / Retail investors, professional investors and ECPs target
market See Term 29 below.
SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series number:
101473
(ii)
Tranche number:
1
3.
Specified Currency or Currencies
Sterling ("GBP")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
GBP 1,500,000,000
(ii)
Tranche:
GBP 1,500,000,000
5.
(i)
Issue Price:
99.790 per cent. of the Aggregate Nominal Amount
(ii)
Net proceeds:
GBP 1,494,600,000
6.
Specified Denominations
GBP 1,000 and integral multiples thereof
(Condition 1(b)):
7.
Issue Date:
13 January 2022
8.
Maturity Date (Condition 6(a)):
13 December 2028
9.
Interest basis (Condition 5):
1.250 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:
Syndicated
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A46950525

PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note provisions
Applicable
(Condition 5(a)):
(i)
Rate of Interest:
1.250 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
13 December in each year, from and including 13
December 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
GBP 1,000 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 / New
No
Safekeeping Structure:
21. Financial Centre(s) or other special
London and New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
Not Applicable
DISTRIBUTION
24. (i)
If syndicated, names of
Barclays Bank PLC
GBP 375,000,000
Managers and underwriting
commitments:
Citibank Europe plc
GBP 375,000,000
HSBC Bank plc
GBP 375,000,000
J.P. Morgan Securities plc
GBP 375,000,000
(ii)
Stabilizing Manager(s) (if
Not Applicable
any):
25. If non-syndicated, name of Dealer:
Not Applicable
26. Total commission and concession:
0.150 per cent. of the Aggregate Nominal Amount
27. Additional selling restrictions:
Not Applicable

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28. MiFID II product governance /
Directive 2014/65/EU (as amended, "MiFID II")
Retail investors, professional
product governance / Retail investors, professional
investors and ECPs target market:
investors and 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, professional clients and
retail clients, each as defined in MiFID II; and (ii) all
channels for distribution of the Notes are appropriate. Any
person subsequently offering, selling or recommending
the Notes (a "distributor") should take into consideration
the manufacturer's target market assessment; however,
each 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 Term 28, "manufacturer" means
Citibank Europe plc.
IBRD does not fall under the scope of application of
MiFID II. Consequently, IBRD does not qualify as an
"investment firm", "manufacturer" or "distributor" for the
purposes of MiFID II.
29. UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of
Retail investors, professional
domestic law by virtue of the European Union
investors and ECPs target market:
(Withdrawal) Act 2018 ("UK MiFIR") product
governance / Retail investors, professional investors
and ECPs target market Solely for the purposes of
each 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 (as defined in the United Kingdom
Financial Conduct Authority (the "FCA") Handbook
Conduct of Business Sourcebook
("COBS")),
professional clients (as defined in UK MiFIR) and retail
clients (as defined in point (8) of Article 2 of Regulation
(EU) No 2017/565 as it forms part of domestic law by
virtue of the European Union (Withdrawal) Act 2018);
and (ii) all channels for distribution of the Notes are
appropriate. Any person subsequently offering, selling or
recommending the Notes (a "distributor") should take
into consideration the manufacturers' target market
assessment; however, each 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 manufacturers' target market
assessment) and determining appropriate distribution
channels.
For the purposes of this Term 29, "manufacturer" means
each of Barclays Bank PLC, HSBC Bank plc and J.P.
Morgan Securities plc.
IBRD does not fall under the scope of application of UK
MiFIR. Consequently, IBRD does not qualify as an

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"investment firm", "manufacturer" or "distributor" for the
purposes of UK MiFIR.
OPERATIONAL INFORMATION
30. ISIN Code:
XS2431006233
31. Common Code:
243100623
32. Delivery:
Delivery versus payment
33. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):
34. Intended to be held in a manner
No. Whilst the designation is specified as "no" at the date
which would allow Eurosystem
of these Final Terms, should the Eurosystem eligibility
eligibility:
criteria be amended in the future such that the Notes are
capable of meeting them the Notes may then be deposited
with one of the ICSDs as common safekeeper and
registered in the name of a nominee of one of the ICSDs
acting as common safekeeper. Note that this does not
necessarily mean that the Notes will then be recognized as
eligible collateral for Eurosystem monetary policy and
intra-day credit operations by the Eurosystem at any time
during their life. Such recognition will depend upon the
ECB being satisfied that Eurosystem eligibility criteria
have been met.
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 22 September 2021.

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.

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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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