Obligation IBRD-Global 0% ( US45905UBX19 ) en USD

Société émettrice IBRD-Global
Prix sur le marché 100 %  ▼ 
Pays  Etats-unis
Code ISIN  US45905UBX19 ( en USD )
Coupon 0%
Echéance 05/07/2006 - Obligation échue



Prospectus brochure de l'obligation IBRD US45905UBX19 en USD 0%, échue


Montant Minimal /
Montant de l'émission 33 000 000 USD
Description détaillée 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 ( Etats-unis ) , en USD, avec le code ISIN US45905UBX19, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 05/07/2006










PRICING SUPPLEMENT





INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT

Global Debt Issuance Facility
No.2299
US$33,000,000
Callable Fixed Rate Step-up Notes due July 5, 2006



Morgan Stanley

The date of this Pricing Supplement is July 3, 2002






This document ("Pricing Supplement") is issued to give details of an issue by International Bank
for Reconstruction and Development (the "Bank") under its Global Debt Issuance Facility.
This Pricing Supplement supplements the terms and conditions in, and incorporates by reference,
the Prospectus dated October 7, 1997, and all documents incorporated by reference therein (the
"Prospectus"), and should be read in conjunction with the Prospectus. Unless otherwise defined
in this Pricing Supplement, terms used herein have the same meaning as in the Prospectus.
Terms and Conditions
The following items under this heading "Terms and Conditions" are the particular terms which
relate to the issue the subject of this Pricing Supplement. These are the only terms, whic h form
part of the form of Notes for such issue:-
1
No.:
2299
2
Aggregate Principal Amount:
US$33,000,000
3
Issue Price:
100.00 per cent. of the Aggregate Principal
Amount
4
Issue Date:
July 5, 2002
5
Form of Notes (Condition 1(a)):
Registered Notes only
6
Authorized Denominations
US$1,000 and US$10,000
(Condition 1(b)):
7
Specified Currency (Condition 1(d)):
United States dollars ("US$")
8
Maturity Date (Conditions 1(a) and 6(a)):
July 5, 2006
9
Interest Basis (Condition 5):
Fixed Interest Rate (Condition 5(I))
10
Fixed Interest Rate (Condition 5(I)):

(a)
Interest Rate:
3.50 per cent. per annum in respect of the
Interest Period beginning on (and including)
the Issue Date and ending on (but excluding)
the Interest Payment Date falling in July,
2003;
4.20 per cent. per annum in respect of the
Interest Period beginning on (and including)
the Interest Payment Date falling in July, 2003
and ending on (but excluding) the Interest
Payment Date falling in July, 2004;
4.90 per cent. per annum in respect of the
Interest Period begi nning on (and including)
the Interest Payment Date falling in July, 2004
and ending on (but excluding) the Interest
Payment Date falling in July, 2005; and
5.60 per cent. per annum in respect of the
Interest Period beginning on (and including)
the Interest Payment Date falling in July, 2005
and ending on (but excluding) the Interest

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and ending on (but excluding) the Interest
Payment Date falling on the Maturity Date.
(b)
Fixed Rate Interest Payment July 15 of each year commencing on July 15,
Dates:
2003, subject to adjustment in accordance
with the Following Business Day Convention.
As the context requires, references in the
Conditions to "Interest Payment Dates" shall
be construed as references to "Fixed Rate
Interest Payment Dates"
(c)
Fixed Rate Day Count Fraction:
30/360, as provided in Condition 5(I)( b)
(d)
Business Day Convention:
The Following Business Day Convention shall
apply to the Notes provided however, that,
with respect to the Maturity Date (Condition
6(a)), references in Condition 5(III)(C) to
"interest" shall be construed as references to
"principal" and references to "Interest
Payment Date" shall be construed as
references to the "Maturity Date"
11
Relevant Financial Centre:
New York
12
Relevant Business Day:
New York and London
13
Issuer's Optional Redemption
Yes
(Condition 6(e)):
(a)
Notice Period:
Not less than 10 Relevant Business Days
(b)
Amount:
All and not less than all
(c)
Date(s):
Each Interest Payment Date commencing on

the Interest Payment Date falling in July 2003

and ending on the Interest Payment Date

falling in July 2005.
(d)
Early Redemption Amount (Bank): Principal amount of the Notes to be

redeemed.
(e)
Notices:
As long as the Notes are represented by a
DTC Global Note and the DTC Global Note is
being held on behalf of a clearing system,
notwithstanding Condition 13, notices to
Noteholders may be given by delivery of the
relevant notice to that clearing system for
communication by it to entitled
accountholders.
Any notice delivered to a clearing system in
accordance with the preceding sentence shall
be deemed to have been given to the
Noteholders on the day on which such notice
is delivered to the clearing system.

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14
Redemption at the option of the

Noteholders (Condition 6(f)):
No
15
Long Maturity Note (Condition 7(f)):
No
16
Talons for Future Coupons to be attached
to Definitive Bearer Notes (Condition

7(h)):
No
17
Early Redemption Amount (including
accrued interest, if applicable) (Condition
9):
Principal amount of the Notes to be
redeemed plus accrued interest thereon
18
Governing Law of the Notes:
New York
Other Relevant Terms

1
Listing (if yes, specify Stock Exchange):
No
2
Details of Clearance System approved by DTC, Clearstream Banking, société anonyme
the Bank and the Global Agent and and Euroclear Bank S.A./N.V. as operator of
Clearance and Settlement Procedures:
the Euroclear System. Payment for the Notes
will be on a delivery versus payment basis.
3
Syndicated:
No
4
Commissions and Concessions:
None
5
Codes:

(a)
CUSIP
45905UBX1
(b)
ISIN
US45905UBX19
(c)
Common Code
014985441
6
Identity of Dealer(s)/Manager(s):
Morgan Stanley & Co. International Limited
7
Provisions for Registered Notes:

(a)
Individual Definitive Registered
Notes Available on Issue Date:
No. Interests in the DTC Global Note will be
exchangeable for definitive Registered Notes

only in the limited circumstances described in

the Prospectus.
(b)
DTC Global Note(s):
Yes; one
(c)
Other Registered Global Notes:
No
General Information

The Bank's latest Information Statement was issued on September 20, 2001
The following additional selling restrictions shall apply to the issue:-

3



United Kingdom:
Each Dealer is required to comply with all
applicable provisions of the Financial Services
and Markets Act 2000 with respect to anything
done by it in relation to the Notes in, from or
otherwise involving the United Kingdom.

INTERNATIONAL BANK FOR
RECONSTRUCTION AND
DEVELOPMENT
By:
Authorized Officer


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INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
1818 H Street, NW
Washington, D.C. 20433

GLOBAL AGENT
Citibank, N.A.
P.O. Box 18055
5 Carmelite Street
London EC4Y 0PA

LISTING AND SPECIAL AGENT
AND PAYING AGENT
BNP Paribas Securities Services
23, Avenue de la Porte-Neuve
L-2085 Luxembourg

LEGAL ADVISERS TO THE MANAGER
Linklaters
One Silk Street
London EC2Y 8HQ


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