Bond IBRD-Global 5.8% ( XS2794641923 ) in USD

IBRD-Global

100 % ⇌

United States

XS2794641923 ( in USD )

5.8% per year ( payment time a year)

28/03/2034

Prospectus brochure of the bond IBRD XS2794641923 en USD 5.8%, maturity 28/03/2034

25 000 000 USD

28/09/2025 ( In 88 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 XS2794641923, pays a coupon of 5.8% per year.
The coupons are paid time per year and the Bond maturity is 28/03/2034

Final Terms dated 25 March 2024

International Bank for Reconstruction and Development

Issue of USD 25,000,000 Callable 5.82 per cent. Notes due 28 March 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 / 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:
101950
(ii)
Tranche number:
1
3. Specified Currency or Currencies
United States Dollars ("USD")
(Condition 1(d)):
4. Aggregate Nominal Amount

(i)
Series:
USD 25,000,000
(ii)
Tranche:
USD 25,000,000
5. (i)
Issue Price:
100.00 per cent. of the Aggregate Nominal Amount
(ii)
Net proceeds:
USD 25,000,000
6. Specified Denominations
USD 200,000
(Condition 1(b)):
7. Issue Date:
28 March 2024
8. Maturity Date (Condition 6(a)):
28 March 2034
9. Interest basis (Condition 5):
5.82 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:
5.82 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
28 March of each year, from and including 28 March 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
28 March of each year, from and including 28 March 2025 to
Date(s):
and including 28 March 2033
(ii)
Optional Redemption
USD 200,000 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 relevant Optional Redemption Date
18. Final Redemption Amount of each
USD 200,000 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
No
Safekeeping 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
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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:
Daiwa Capital Markets Europe Limited
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
Professional investors and ECPs
law by virtue of the European Union (Withdrawal) Act
target market:
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 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 United Kingdom
Financial Conduct Authority (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, 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:
XS2794641923
32. Common Code:
279464192
33. Delivery:
Delivery versus payment
34. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):
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35. Intended to be held in a manner
No. Whilst the designation is specified as "no" at the date of
which would allow Eurosystem
these Final Terms, should the Eurosystem eligibility criteria be
eligibility:
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 October 2, 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.

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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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