Obligation IBRD-Global 0% ( XS0153058606 ) en EUR

IBRD-Global

100 % ⇌

Etats-unis

XS0153058606 ( en EUR )

0%

04/09/2008 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0153058606 en EUR 0%, échue

/

100 000 000 EUR

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.

Analyse détaillée d'une obligation historique, portant le code ISIN XS0153058606, émise par l'International Bank for Reconstruction and Development (IBRD), un organisme central du Groupe de la Banque Mondiale. L'émetteur, IBRD, est une institution financière internationale majeure fondée en 1944 dont la mission première est de réduire la pauvreté et de soutenir le développement durable dans les pays à revenu intermédiaire et les pays les plus pauvres mais solvables. Pour ce faire, elle fournit des prêts, des garanties, des produits de gestion des risques et des services de conseil, finançant des projets d'investissement dans des secteurs clés tels que l'éducation, la santé, les infrastructures, l'agriculture et la gouvernance, contribuant ainsi à la stabilité économique mondiale et au progrès social. Cette obligation spécifique, libellée en Euros (EUR) et émise depuis les États-Unis, présentait une particularité notable : un taux d'intérêt nominal de 0%, la qualifiant de titre à coupon zéro, ce qui signifie que les investisseurs n'ont pas perçu de paiements d'intérêts périodiques mais ont réalisé leur rendement par l'acquisition du titre à un prix inférieur à sa valeur nominale et son remboursement à 100% de cette même valeur à l'échéance. La taille totale de l'émission s'élevait à un montant significatif de 100 000 000 EUR. La date de maturité de cette obligation était fixée au 4 septembre 2008. Conformément à ses termes et conditions, cette obligation est arrivée à échéance à la date prévue et a été intégralement remboursée à sa valeur nominale, attestant du respect des engagements financiers de l'IBRD envers les détenteurs de ses titres.

PRICING SUPPLEMENT

INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT

Global Debt Issuance Facility

No. 2359
EUR 100,000,000
Callable Fixed Rate Step-up Notes
due September 4, 2008

Morgan Stanley
Banca Akros
Prudential-Bache

The date of this Pricing Supplement is August 30, 2002

This document ("Pricing Supplement") is issued to give details of an issue by the 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 which form part of the form of Notes
for such issue:

1. No.:

2359

2. Aggregate Principal Amount:

EUR 100,000,000

3. Issue Price:

100.00 per cent. of the Aggregate Principal Amount

4. Issue (Settlement) Date:

September 4, 2002

5. Form of Notes (Condition 1(a)):

Bearer Notes

6. Authorized
Denomination

EUR1,000
(Condition 1(b)):

7. Specified Currency (Condition 1(d)):

euro ("EUR")

8. Maturity
Date:

September 4, 2008

9. Interest Basis (Condition 5):

Fixed Interest Rate

10. Fixed Interest Rate (Condition 5(I))

(a) Interest Rate:

4.00 per cent. per annum in respect of the Interest Period
beginning on (and including) the Issue Date and ending
on (but excluding) September 4, 2003;
4.00 per cent. per annum in respect of the Interest Period
beginning on (and including) September 4, 2003 and
ending on (but excluding) September 4, 2004;
4.250 per cent. per annum in respect of the Interest
Period beginning on (and including) September 4, 2004
and ending on (but excluding) September 4, 2005;
4.375 per cent. per annum in respect of the Interest
Period beginning on (and including) September 4, 2005
and ending on (but excluding) September 4, 2006;
4.500 per cent. per annum in respect of the Interest
Period beginning on (and including) September 4, 2006
and ending on (but excluding) September 4, 2007; and

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5.000 per cent. per annum in respect of the Interest
Period beginning on (and including) September 4, 2007
and ending on (but excluding) the Maturity Date.
(b) Fixed Rate Interest Payment Dates:

September 4 of each year commencing on September 4,
2003
(c) Fixed Rate Day Count Fraction:

30/360, as provided in Condition 5(I)(b)

11. Relevant Business Day:

Notwithstanding the definition set forth in Condition
5(III), Relevant Business Day means a day which is both
(a) a day on which banks and foreign exchange markets
are open for business in New York and London and (b) a
day on which the Trans-European Automated Real-time
Gross settlement Express Transfer system (TARGET) is
open.

12. Bank's Optional Redemption (Condition

Yes
6(e)):
(a) Notice
Period:

Not less than 10 Relevant Business Days
(b) Amount:

All and not less than all
(c) Date(s):

September 4 of each year commencing on September 4,
2003 and ending on September 4, 2007
(d) Early Redemption Amount (Bank):
100 per cent. of the Principal Amount of the Notes.
(e) Notices:

So long as Bearer Notes are represented by a Permanent
Global Note and the Permanent Global Note is 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. Provided
that so long as Notes are listed on the Luxembourg Stock
Exchange, and the rules of that exchange so require,
notice shall be published in a leading daily newspaper in
either the French or German language and of general
circulation in Luxembourg.
Any notice so delivered to a clearing system shall be
deemed to have been given to the Noteholders on the day
on which the notice is delivered to that clearing system.

13. Redemption at the Option of the

No
Noteholders (Condition 6(f)):
14. Long Maturity Note (Condition 7(f)):

No

15. Talons for Future Coupons to be Attached
No
to Definitive Bearer Notes (Condition

7(h)):
16. Prescription (Condition 8):

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(f) Principal:

10 years
(g) Interest:

5 years

17. Early Redemption Amount (including

Principal amount of the Notes plus interest accrued
accrued interest, if applicable) (Condition
thereon
9):
18. Governing Law of the Notes:

English

Other Relevant Terms

1. Listing (if yes, specify Stock Exchange):
Luxembourg Stock Exchange

2. Details of Clearance System approved by
Clearstream Banking, société anonyme and Euroclear
the Bank and the Global Agent and
Bank S.A./N.V. as operator of the Euroclear System.
Payment for the Notes will be on a delivery versus
Clearance and Settlement Procedures:
payment basis.

3. Syndicated:

Yes
4. If
Syndicated:

(a) Liability:

Joint and Several
(b) Lead
Manager:

Morgan Stanley & Co. International Limited
(c) Stabilizing
Manager:

Morgan Stanley & Co. International Limited
5. Commissions and Concessions:

0.20 per cent. combined Management and Underwriting
commission and Selling Concession.
6. Codes:

(a) Common
Code:

015305860
(b) ISIN

XS0153058606

7. Identity of Dealer(s)/Manager(s):

Morgan Stanley & Co. International Limited
Banca Akros-Gruppo BPM
Prudential-Bache International Limited

8. Provisions for Bearer Notes:

(a) Exchange
Date:

Not earlier than October 15, 2002

(b) Permanent Global Note:

Yes

(c) Definitive Bearer Notes:

No

The Bank's latest Information Statement was issued on September 20, 2001.

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The following additional selling restrictions shall apply to the issue:
1. 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 AND
CALCULATION 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 MANAGERS
Linklaters
One Silk Street
London EC2Y 8HQ

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