Bond IBRD-Global 5.02% ( XS2754354491 ) in USD

IBRD-Global

100 % ⇌

United States

XS2754354491 ( in USD )

5.02% per year ( payment time a year)

25/01/2034

Prospectus brochure of the bond IBRD XS2754354491 en USD 5.02%, maturity 25/01/2034

5 000 000 USD

25/07/2025 ( In 24 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 Bond issued by IBRD-Global ( United States ) , in USD, with the ISIN code XS2754354491, pays a coupon of 5.02% per year.
The coupons are paid time per year and the Bond maturity is 25/01/2034

Final Terms dated 22 January 2024
International Bank for Reconstruction and Development
Issue of USD 5,000,000 Callable 5.02 per cent. Notes due 25 January 2034
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.
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:
101906
(ii)
Tranche number:
1
3.
Specified Currency or Currencies
United States Dollars ("USD")
(Condition 1(d)):
4.
Aggregate Nominal Amount
(i)
Series:
USD 5,000,000
(ii)
Tranche:
USD 5,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii)
Net proceeds:
USD 5,000,000
6.
Specified Denominations (Condition USD 10,000
1(b)):
7.
Issue Date:
25 January 2024
8.
Maturity Date (Condition 6(a)):
25 January 2034
9.
Interest basis (Condition 5):
5.02 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):
Call Option
(further particulars specified below)
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(s) of Interest:
5.02 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
25 January in each year, from and including 25 January 2025
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
30/360
(Condition 5(l)):
(vi)
Other terms relating to the
Not Applicable
method of calculating
interest for Fixed Rate
Notes:
PROVISIONS RELATING TO REDEMPTION
17.
Call Option (Condition 6(d)):
Applicable
(i)
Optional Redemption
25 January 2025
Date(s):
(ii)
Optional Redemption
USD 10,000 per Specified Denomination
Amount(s) of each Note and
method, if any, of
calculation of such
amount(s):
(iii)
Notice period:
Not less than five (5) London and New York Business Days
prior to the Optional Redemption Date
18.
Final Redemption Amount of each
USD 10,000 per Specified Denomination
Note (Condition 6):
19.
Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20.
Form of Notes (Condition 1(a)):
Registered Notes:
Global Registered Certificate available on Issue Date
21.
New Global Note / New Safekeeping Yes - New Safekeeping Structure
Structure:
22.
Financial Centre(s) or other special
London and New York
provisions relating to payment dates
(Condition 7(h)):
23.
Governing law (Condition 14):
English
24.
Other final terms:
Not Applicable

DISTRIBUTION
25.
(i)
If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii)
Stabilizing Manager(s) (if
Not Applicable
any):
26.
If non-syndicated, name of Dealer:
Morgan Stanley & Co. International plc
27.
Total commission and concession:
Not Applicable
28.
Additional selling restrictions:
Not Applicable
29.
UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of domestic
Retail investors, professional
law by virtue of the European Union (Withdrawal) Act
investors and ECPs target market:
2018 ("UK MiFIR") product governance / Retail
investors, professional 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 (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
manufacturer's 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 manufacturer's
target market assessment) and determining appropriate
distribution channels.
For the purposes of this Term 29, "manufacturer" means the
Dealer.
IBRD does not fall under the scope of application of UK
MiFIR. Consequently, IBRD does not qualify as an
"investment firm", "manufacturer" or "distributor" for the
purposes of UK MiFIR.
OPERATIONAL INFORMATION
30.
Legal Entity Identifier of the Issuer:
ZTMSNXROF84AHWJNKQ93
31.
ISIN Code:
XS2754354491
32.
Common Code:
275435449
33.
Delivery:
Delivery versus payment

34.
Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):
35.
Intended to be held in a manner
Yes. Note that the designation "yes" means that the Notes are
which would allow Eurosystem
intended upon issue to be deposited with one of the ICSDs as
eligibility:
common safekeeper or registered in the name of a nominee
of one of the ICSDs acting as common safekeeper, and does
not necessarily mean that the Notes will be recognized as
eligible collateral for Eurosystem monetary policy and intra-
day credit operations by the Eurosystem either upon issue or
at any or all times during their life. Such recognition will
depend upon satisfaction of the Eurosystem eligibility
criteria.
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 2 October 2023.
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