Obligation IBRD-Global 1.7% ( JP500102AGJ1 ) en USD

IBRD-Global

100 % ⇌

Etas-Unis

JP500102AGJ1 ( en USD )

1.7% par an ( paiement annuel )

28/06/2026

Prospectus brochure de l'obligation IBRD JP500102AGJ1 en USD 1.7%, échéance 28/06/2026

10 000 000 USD

100 000 000 USD

29/06/2026 ( Dans 362 jours )

La Banque internationale pour la reconstruction et le développement (IBRD), membre du Groupe de la Banque mondiale, fournit des prêts et des services consultatifs aux pays à revenu intermédiaire et à revenu faible pour soutenir leur développement économique.

L'Obligation émise par IBRD-Global ( Etas-Unis ) , en USD, avec le code ISIN JP500102AGJ1, paye un coupon de 1.7% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 28/06/2026

June 2016

International Bank for Reconstruction and Development
U.S. Dollar Bonds - First Series (2016) (Green Bonds)

OFFERING MATERIAL

Manager

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Table of Contents

Page

Terms and Conditions of Offering of the Bonds ·············································· 1

Conditions of Bonds ··············································································· 2

Summary Information ·············································································· 10

In connection with the public offering of International Bank for Reconstruction and
Development U.S. Dollar Bonds - First Series (2016) (Green Bonds) (the "Bonds") in Japan
to be issued by International Bank for Reconstruction and Development (the "World
Bank"), pursuant to Article 3 of the Financial Instruments and Exchange Law of Japan
("FIEL"), the Part II thereof is not applicable and the preparation of a prospectus is not
required thereunder.

This Offering Material is prepared by the World Bank for the convenience of Japanese
investors for their investment judgment, instead of prospectus.

TERMS AND CONDITIONS OF OFFERING OF THE BONDS

Name of the Bonds
International Bank for Reconstruction and Development U.S. Dollar
Bonds - First Series (2016) (Green Bonds) (Note)
Registered / Bearer
Not applicable
Aggregate Face Value USD100,000,000
Amount of each Bond USD10,000,000
Issue Price
100% of each Bond
Aggregate Issue Price
USD100,000,000
Rate of Interest
1.709% per annum
Maturity Date
June 29, 2026
Interest
Payment June 29 of each year
Dates
Period of Subscription June 23, 2016
Closing Date
June 29, 2016
Deposit
for None
Subscription
Locations
for The Head Office and each branch office in Japan of the manager
Subscription
below
Fiscal Agent
The Bank of Tokyo-Mitsubishi UFJ, Ltd.
Book-Entry Transfer Japan Securities Depository Center, Incorporated
Institution

(Note) The Law Concerning Book-Entry Transfer of Corporate Bonds, Stocks, Etc. of Japan (Law
No. 75, 2001, as amended) (the "Book-Entry Transfer Law") shall apply to the Bonds and the
transfer of and other matters relating to the Bonds shall be dealt with in accordance with the
Book-Entry Transfer Law and the business regulations and other rules relating to book-entry
transfer of corporate bonds, etc. from time to time adopted by the Book-Entry Transfer Institution
(as defined in Condition 5 of the Conditions of Bonds).

Manager

Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.

Registry Name, etc.: Mitsubishi UFJ Morgan Stanley Securities Co., Ltd.
Financial instruments firm
(Kin-sho) No. 2336, the Director of the Kanto Local Finance Bureau

Associations of Membership: Japan Securities Dealers Association
Japan Investment Advisers Association
Financial Futures Association of Japan
Type II Financial Instruments Firms Association

Address of Head Office: 5-2, Marunouchi 2-chome, Chiyoda-ku, Tokyo 100-0005

CONDITIONS OF BONDS

These Conditions of Bonds apply to the issue of International Bank for Reconstruction and
Development U.S. Dollar Bonds First Series (2016) (Green Bonds) (the "Bonds") by International
Bank for Reconstruction and Development (the "World Bank"), an international organization established
by Articles of Agreement among the respective Governments' signatory thereto (the "Articles of
Agreement"), and with the approval of the Government of Japan and the Federal Government of the
United States of America, as required by Article IV, Section 1(b) of the Articles of Agreement.

1.
Aggregate Principal Amount, Date of Issuance, Denomination

The aggregate principal amount of the Bonds is U.S.$100,000,000.

The Bonds are issued in denominations of U.S.$10,000,000.

The date of issuance of the Bonds is June 29, 2016.

The maturity date of the Bonds is June 29, 2026, unless the Bonds are previously redeemed or
purchased and cancelled.

2.
Application of Book-Entry Transfer Law

The Law Concerning Book-Entry Transfer of Corporate Bonds, Stocks, Etc. of Japan (Law No. 75
of 2001, as amended) (the "Book-Entry Transfer Law") shall apply to the Bonds and the transfer
of and other matters relating to the Bonds shall be dealt with in accordance with the Book-Entry
Transfer Law and the business regulations and other rules relating to book-entry transfer of
corporate bonds, etc. (the "Business Rules of the Book-Entry Transfer Institution") from time to
time adopted by the Book-Entry Transfer Institution as set forth in Condition 5.

The certificates for the Bonds (the "Bond Certificates") shall not be issued except in such
exceptional events as provided under the Book-Entry Transfer Law where the holders of the
Bonds (the "Bondholders") may make a request for the issue of Bond Certificates. In the event
that the Bond Certificates are issued, such Bond Certificates shall be issued exclusively in bearer
form with unmatured interest coupons and the Bondholders may not request that the Bond
Certificates be exchanged for Bond Certificates in registered form or divided or consolidated. If
the Bond Certificates are issued, these Conditions of Bonds shall continue to apply, provided that
the manner of the calculation and payment of principal of and interest on the Bonds, the exercise
of the rights under the Bonds by the Bondholders and the transfer of the Bonds, and all other
matters in respect of the Bonds shall be subject to the then applicable Japanese laws and
regulations and the then prevailing market practice in Japan. In such event, the Fiscal Agent (as
defined in Condition 4 below) will act as the paying agent in respect of the Bonds; provided,
however, if the Fiscal Agent cannot act as the paying agent in respect of the Bonds, the matters in
respect thereof shall be subject to the then prevailing market practice in Japan. The World Bank
will, to the extent practicable and without delay, give notice of the above matters to the
Bondholders in accordance with Condition 14.

All expenses incurred in connection with the initial issue of the Bond Certificates shall be borne
by the World Bank.

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3.
Status of the Bonds and Negative Pledge

The Bonds constitute direct, unsecured obligations of the World Bank ranking pari passu, without
any preference among themselves, with its other present and future obligations that are unsecured
and unsubordinated.

The Bonds are not obligations of any government.

As long as any of the Bonds shall be outstanding and unpaid, but only up to the time all amounts
of principal and interest have been paid to the Paying Agent (as defined in Condition 6 below), the
World Bank will not cause or permit to be created on any of its property or assets any mortgage,
pledge or other lien or charge as security for any bonds, notes or other evidences of indebtedness
at any time issued, assumed or guaranteed by the World Bank for money borrowed (other than any
purchase money mortgage, or other pledge or lien on property purchased by the World Bank as
security for all or any part of the purchase price thereof, any lien arising in the ordinary course of
business and securing a debt maturing not more than one year after the date on which such lien is
incurred, or any extension or renewal of any of the foregoing), unless the Bonds shall be secured
by such mortgage, pledge or other lien or charge equally and ratably with such other notes, bonds
or evidences of indebtedness.

If any security is provided for the Bonds by the World Bank pursuant to the preceding paragraph,
the World Bank shall take or cause to be taken any and all necessary steps and procedures in
providing such security for the Bonds (including, without limitation, for creation and perfection of
such security) in accordance with the preceding paragraph and applicable laws and regulations.
Upon completion of such procedures including, without limitation, the valid creation and
perfection of such security, the World Bank shall give notice to the Bondholders in accordance
with Condition 14, stating that such security has been duly and validly created and perfected in
accordance with the preceding paragraph and applicable laws and regulations. All expenses
incurred in connection with the creation, perfection, maintenance and execution of such security,
including expenses relating to the above notice, shall be borne by the World Bank.

4.
Appointment of Fiscal Agent, Issuing Agent and Paying Agent and Non-appointment of
Commissioned Company for Bondholders

The Bank of Tokyo-Mitsubishi UFJ, Ltd. acts as fiscal agent, issuing agent and paying agent (the
"Fiscal Agent", unless the context otherwise requires, the term "Fiscal Agent" means an agent
acting in all these capacities) of the World Bank in respect of the Bonds. The Fiscal Agent shall
perform the duties and functions provided for in these Conditions of Bonds, the Fiscal, Issuing and
Paying Agency Agreement (the "Fiscal Agency Agreement") dated June 22, 2016 between the
World Bank and the Fiscal Agent, and the Business Rules of the Book-Entry Transfer Institution.
The Fiscal Agent is acting solely as an agent of the World Bank and does not assume any
obligation towards or relationship of agency or trust for or with the Bondholders. A copy of the
Fiscal Agency Agreement to which these Conditions of Bonds are attached shall be kept at the
Head Office of the Fiscal Agent and shall be made available for perusal or photocopying by any
Bondholder during normal business hours. All expenses incurred for such photocopying shall be
borne by the applicant therefor.

No commissioned company for bondholders is appointed in respect of the Bonds.

The World Bank may from time to time vary the appointment of the Fiscal Agent, provided that
the appointment of the Fiscal Agent shall continue until a replacement fiscal agent, issuing agent
and paying agent shall be effectively appointed (provided that such replacement fiscal agent,

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issuing agent and paying agent shall be qualified to act as both issuing agent and paying agent
pursuant to the Business Rules of the Book-Entry Transfer Institution). In such case the World
Bank shall give prior notice thereof to the Bondholders in accordance with Condition 14.

The World Bank shall, without delay, appoint a replacement fiscal agent, issuing agent and paying
agent (provided that such replacement fiscal agent, issuing agent and paying agent shall be
qualified to act as both issuing agent and paying agent pursuant to the Business Rules of the
Book-Entry Transfer Institution) and give notice to that effect to the Bondholders in accordance
with Condition 14 if the Book-Entry Transfer Institution notifies the World Bank that the Fiscal
Agent will be disqualified from acting as a designated issuing agent or paying agent.

As at the effective date of the appointment, the replacement fiscal agent, issuing agent and paying
agent shall succeed to and be substituted for the retiring Fiscal Agent, and shall perform its duties
and functions provided for in these Conditions of Bonds, the Fiscal Agency Agreement and the
Business Rules of the Book-Entry Transfer Institution, with the same effect as if the replacement
fiscal agent, issuing agent and paying agent had been named as the fiscal agent, issuing agent and
paying agent therein and herein.

5.
Book-Entry Transfer Institution

In relation to the Bonds, Japan Securities Depository Center, Incorporated (the "Book-Entry
Transfer Institution") acts as book-entry transfer institution (furikae kikan) for the Bonds under the
Book-Entry Transfer Law. In these Conditions of Bonds, all references to the Book-Entry
Transfer Institution shall be deemed to include any successor book-entry transfer institution as
designated by the competent minister responsible for such matters pursuant to the Book-Entry
Transfer Law.

6.
Interest

The Bonds shall bear interest at the rate of 1.709% per annum of the principal amount thereof.

The Bonds shall bear interest from and including June 30, 2016, payable in U.S. dollars annually
in arrear on June 29 of each year in respect of each one (1)-year period ending on such respective
dates. Interest for any period of other than one (1) year shall be payable for the actual number of
days included in such period computed on the basis of a 365-day year.

The Bonds shall cease to bear interest after the date on which they become due for redemption;
provided, however, that, should the World Bank fail to redeem any of the Bonds when due,
interest shall be paid in U.S. dollars at the rate specified above for the actual number of days in the
period from but excluding the due date for redemption to and including the date of actual
redemption of the Bonds, computed on the basis of a 365-day year. Such period, however, shall
not exceed the date on which the Fiscal Agent (acting in its capacity of paying agent under the
Business Rules of the Book-Entry Transfer Institution, hereinafter the "Paying Agent") allocates
the necessary funds for the full redemption of the Bonds received by it among the relevant
participants which have opened their accounts with the Book-Entry Transfer Institution to make
book-entry transfer of the Bonds (kiko kanyusha) (the "Institution Participants"); provided that if
such overdue allocation is not permitted under the Business Rules of the Book-Entry Transfer
Institution, such period shall not exceed the fourteenth (14th) day counting from the date on which
the last notice is given by the World Bank or the Fiscal Agent in accordance with the second
paragraph of Condition 8.

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7.
Redemption and Purchase

Unless previously redeemed or purchased and cancelled, the Bonds shall be redeemed at 100% of
their principal amount in U.S. dollars on June 29, 2026.

The World Bank may purchase the Bonds at any time in the market or otherwise, and may at its
option cancel or cause to be cancelled any Bond so purchased except otherwise provided for by
applicable laws and/or in the Business Rules of the Book-Entry Transfer Institution.

Except as otherwise stated in these Conditions of Bonds, the World Bank may not redeem any of
the Bonds prior to its maturity or prepay the principal of or the interest on any of the Bonds in full
or in part.

8.
Payment

Payment of principal of and interest on a Bond shall be made by the Paying Agent through the
relevant account management institution (kouza kanri kikan) or directly to the Bondholders in
accordance with the Book-Entry Transfer Law and the Business Rules of the Book-Entry Transfer
Institution. Notwithstanding the foregoing, at the time when the Paying Agent allocated the
necessary funds for the payment of principal of or interest on the Bonds received by it from the
World Bank to the Institution Participants, the World Bank shall be released from any obligation
of such payment under these Conditions of Bonds.

If funds necessary for payment in full of the principal of or interest on the Bonds payable on any
due date are received by the Paying Agent after such due date, the World Bank shall, or shall cause
the Fiscal Agent to, give notice to the Bondholders in accordance with Condition 14 to that effect
and of the method and the date for actual payment to the Bondholders as soon as practicable but
not later than fourteen (14) days after its receipt of such funds. If at the time of such receipt,
either the method or the date for such payment (or both) is not determinable, the World Bank or
the Fiscal Agent shall give notice to the Bondholders in accordance with Condition 14 of such
receipt and of the method and date for such payment to the extent the same has been determined,
and give at a later date notice of the method and/or the date for such payment to the Bondholders
in accordance with Condition 14 promptly upon determination thereof. All expenses incurred in
connection with the said notice shall be borne by the World Bank.

If any due date for payment of the principal of or interest on the Bonds falls on a day which is not
a day (other than a Saturday or a Sunday) on which commercial banks and foreign exchange
markets settle payments and are open for business (including dealings in foreign exchange and
foreign currency deposits) in Tokyo, London and New York (the "Business Day"), the
Bondholders shall not be entitled to payment of the amount due until the next following Business
Day nor shall they be entitled to any payment of any further or additional interest or other
payment in respect of such delay.

9.
Taxation

The Bonds and the interest thereon will not be exempt from taxation generally.

Pursuant to Article VII, Section 9 of the Articles of Agreement, the World Bank is not under any
obligation to withhold or pay any tax imposed by any member country on payments on the Bonds.
Accordingly, payments on the Bonds will be made to the Paying Agent without deduction in
respect of any such tax.

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However, tax withholding requirements may apply to payments made by financial intermediaries
acting in any capacity other than as the World Bank's Paying Agent.

10.
Events of Default

In case the World Bank shall fail to deliver to the Paying Agent the paying funds covering
principal of and interest on the Bonds after expiration of fourteen (14) days after the due date, the
World Bank shall, or shall cause the Fiscal Agent to, give notice of default in the performance of
such obligation without delay in accordance with Condition 14, provided that such failure to
deliver funds shall not constitute an event of default except as provided below.

If the World Bank shall default in the payment of the principal of, or interest on, or in the
performance of any covenant in respect of a purchase fund or sinking fund in, any bonds
(including the Bonds), notes, or similar obligations which have been issued, assumed or
guaranteed by the World Bank, and such default shall continue for a period of ninety (90) days,
then at any time thereafter and during the continuance of such default any Bondholder may deliver
to the Fiscal Agent who is acting on behalf of the World Bank in this capacity at the Head Office
of the Fiscal Agent (at the time of giving such notice, such Bondholder shall present, at the Head
Office of the Fiscal Agent, the certificate (the "Book-Entry Certificate") issued by the Book-Entry
Transfer Institution or the relevant account management institution certifying the holding of the
relevant Bond) written notice that such Bondholder elects to declare all Bonds held by it to be due
and payable, and on the thirtieth (30th) day after such notice shall be so delivered to the Fiscal
Agent such Bonds shall become due and payable in U.S. dollars at a price equal to 100% of the
principal amount together with accrued interest thereon unless prior to that time all such defaults
previously existing shall have been cured.
All expenses necessary for the procedure under this Condition 10 shall be borne by the World
Bank.

11.
Bondholders' Meeting

The World Bank shall convene a Bondholders' meeting upon a request in writing of the
Bondholders holding one-tenth (1/10) or more of the aggregate principal amount of the Bonds for
the time being outstanding, acting either jointly or individually, so request in writing to the Fiscal
Agent on behalf of the World Bank at the Head Office of the Fiscal Agent, provided that such
Bondholders shall have presented to the Fiscal Agent the Book-Entry Certificate. The World
Bank may convene a Bondholders' meeting at any time when the World Bank deems it necessary
by giving written notice at least thirty-five (35) days prior to the date of such meeting to the Fiscal
Agent. In each such case, the business of a Bondholders' meeting shall be to consider any of the
events of default referred to in Condition 10 above or such other matters as the World Bank deems
to have a material effect on the interests of the Bondholders.

In the case of convocation of a Bondholders' meeting, the World Bank shall give notice of the
proposed meeting to the Bondholders pursuant to Condition 14 at least twenty-one (21) days prior
to the date of such meeting, and ensure that the Fiscal Agent, on behalf of the World Bank, shall
take the steps necessary for the convocation of the Bondholders' meeting and to expedite the
proceedings thereof.

The Bondholders may exercise their vote either by themselves at the relevant Bondholders'
meeting, by proxy, or in writing or (in the event that the World Bank permits the exercise of the
voting rights by electronic method) by an electronic method pursuant to the rules established by
the World Bank or the Fiscal Agent on behalf of the World Bank. At any Bondholders' meeting,

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each Bondholder shall have voting rights in proportion to the principal amount of the Bonds (other
than the then redeemed amount) held by such Bondholder; provided, however, that the relevant
Book-Entry Certificates shall have been presented to the Fiscal Agent at its Head Office at least
seven (7) days prior to the date set for such meeting and to the World Bank or the Fiscal Agent at
such meeting on the date thereof; and provided, further, that such Bondholder shall not make an
application for book-entry transfer or an application for obliteration of such Bonds unless he
returns the relevant Book-Entry Certificates to the Book-Entry Transfer Institution or his relevant
account management institution. The World Bank may have its representative attend such
meeting and express its opinion thereat.

Resolutions at such Bondholders' meeting shall be passed by a majority vote of the voting rights
of the Bondholders who are entitled to exercise their voting rights (the "Voting Rights Holders")
and present at such meeting; provided, however, that an Extraordinary Resolution is required with
respect to the following item:
(a) a grace of payment, an exemption from liabilities resulting from a default, or settlement, to
be effected with respect to all the Bonds;
(b) a procedural act to be made with respect to all the Bonds; and
(c) the election or dismissal of representative(s) of the Bondholders who may be appointed
and authorized by resolution of a Bondholders' meeting to make decisions on matters to be
resolved at a Bondholders' meeting (provided each of such representative(s) must hold
one-thousandth (1/1,000) or more of the aggregate principal amount of the Bonds (for the
time being outstanding)) (the "Representative(s) of the Bondholders") or an executor (the
"Executor") who may be appointed and authorized by resolution of a Bondholders'
meeting so as to execute the resolutions of the Bondholders' meeting, or the change in any
matters entrusted to them.

"Extraordinary Resolution" means a resolution passed at a Bondholders' meeting by one-fifth
(1/5) or more of the voting rights held by the Voting Rights Holders representing the aggregate
principal amount of the Bonds then outstanding and two-thirds (2/3) or more of the aggregate
amount of the voting rights held by the Voting Rights Holders present at such meeting.

For the purposes of calculating the number of votes exercised at a Bondholders' meeting, the
Bondholders who have exercised their votes by proxy or in writing or (in the event that the World
Bank permits the exercise of the voting rights by electronic method) by an electronic method shall
be deemed to have attended and voted at such meeting.

A resolution passed pursuant to this Condition 11 shall be binding on all the Bondholders whether
present or not at such Bondholders' meeting to the extent permitted by the applicable Japanese law,
and shall be carried out by the Representative(s) of the Bondholders or the Executor.

A Bondholders' meeting shall be held in Tokyo, Japan.

For the purpose of this Condition 11, the Bonds then held by the World Bank shall be disregarded
and deemed not to be outstanding.

All expenses necessary for the procedures under this Condition 11 shall be borne by the World
Bank.

12.
Registration Book

The registration book for the Bonds shall be prepared by the Fiscal Agent on behalf of the World
Bank and maintained by it and kept at its Head Office.

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13.
Prescription

The period of extinctive prescription shall be ten (10) years for principal of the Bonds and five (5)
years for interest on the Bonds.

14.
Notices

Notices concerning the Bonds shall be made by public notice, which shall be published once in a
daily newspaper circulated in both Tokyo and Osaka; except when the World Bank or the Fiscal
Agent may make such notice by direct notices to all the Bondholders. Any notices to be given
by the World Bank shall, upon the request and at the expense of the World Bank, be given by the
Fiscal Agent on behalf of the World Bank.

15.
Governing Law and Jurisdiction

The place of performance of the obligations pertaining to the Bonds is Tokyo.

Except as otherwise provided in these Conditions of Bonds, the Tokyo District Court shall have
non-exclusive jurisdiction concerning all actions and other court proceedings arising from matters
provided in the Bonds or these Conditions of Bonds.

The Bonds and the rights and duties of all parties with respect thereto, including the Bondholders,
shall in all respects be governed by and construed in accordance with the laws of Japan.

The Articles of Agreement were accepted by the Government of Japan on August 14, 1952, and
upon their promulgation and the announcement of their effectiveness in the Japanese Government
Gazette on August 26, 1952, became a part of the internal law of Japan.

Solely for the purpose of accepting service of process concerning all actions arising from matters
provided in the Bonds and these Conditions of Bonds, the World Bank chooses the address of the
Tokyo Office of the World Bank, and designates the Director thereof as the person to accept
service of process at such address.

16.
Currency Indemnity

In the event of a judgment or order being rendered or issued by any court for the payment of
principal of or interest on the Bonds or any other amount payable under the Bonds, and such
judgement or order being expressed in a currency (the "Judgment Currency") other than U.S.
dollars, the World Bank shall pay to the Bondholders the amount necessary to make up any
deficiency arising or resulting from any variation in rates of exchange between (i) the date or dates
of discharge of such judgment or order (or part thereof) and (ii) the date as of which any amount
expressed in the Judgment Currency is (or is to be treated as) converted to U.S. dollars for the
purposes of any such judgement or order (or part thereof). The above undertaking shall
constitute a separate and independent obligation of the World Bank from its other obligations,
shall give rise to a separate and independent cause of action against the World Bank, shall apply
irrespective of any indulgence granted by any Bondholder from time to time and shall continue in
full force and effect notwithstanding any judgement or order.

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