Obligation IBRD-Global 0% ( XS0167431518 ) en USD

IBRD-Global

100 % ⇌

Etats-unis

XS0167431518 ( en USD )

06/05/2023 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0167431518 en USD 0%, échue

100 000 000 USD

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 XS0167431518, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 06/05/2023

PRICING SUPPLEMENT

INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT

Global Debt Issuance Facility

No: 2572

USD 100,000,000 Callable Zero Coupon Notes due
6 May, 2023

Merrill Lynch International

The date of thi s Pricing Supplement is 2 May, 2003

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 supple ments the terms and conditions in, and incorporates by
reference, the Prospectus dated 7th October, 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.:

2572

2.
Aggregate Principal Amount:

USD 100,000,000

3.
Issue Price:

30.31 per cent. Of the Aggregate
Principal Amount

4.
Issue Date:

6 May, 2003

5.
Form of Notes:

Bearer only
(Condition 1(a))

6.
Authorized Denomination(s):

USD 10,000,000
(Condition 1(b))

7.
Specified Currency:

United States Dollars ("USD")
(Condition 1(d))

8.
Maturity Date:

6 May, 2023

9.
Interest Basis:

Zero Coupon (Condition 5(IV))
(Condition 5)

10.
Zero Coupon Interest Rate

(Condition 5(IV):

(a)
Amortization Yield:

6.15 per cent. per annum

(b)
Reference Price:

30.31 per cent.

(c) Basis

Compounded on an annual basis

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(d] Fixed Rate Day Count

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

11.
Relevant Financial Center:

New York

12.
Relevant Business Days:

London and New York

13.
Redemption Amount:

100.00 per cent. of the Aggregate
Principal Amount

14.
Issuer's Optional Redemption

Yes
(Condition 6(e)):

(a) Notice Period:

Upon not less than 10 Relevant Business
Days' prior notice to the Noteholders.

(b) Amount:

All (not less than all)

(c) Date(s):

6th May in each year, from and including
6 May 2004 to and including 6 May 2022
(each, an "Issuer's Optional Redemption
Date")

(d) Early Redemption Amount:

The Early Redemption Amount shall be
the relevant Amortized Face Amount
(calculated as provided in Condition 6(c)
and set out below alongside the
applicable Issuer's Optional Redemption
Date:

Issuer's Optional
Amortized Face Amount
Redemption Date
6 May 2004
USD 32,180,000
6 May 2005
USD,34,150,000
6 May 2006
USD 36,250,000
6 May 2007
USD 38,480,000
6 May 2008
USD 40,850,000
6 May 2009
USD 43,360,000
6 May 2010
USD 46,030,000
6 May 2011
USD 48,860,000
6 May 2012
USD 51,870,000
6 May 2013
USD 55,060,000
6 May 2014
USD 58,440,000
6 May 2015
USD 62,040,000
6 May 2016
USD 65,850,000
6 May 2017
USD 69,900,000
6 May 2018
USD 74,200,000

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6 May 2019
USD 78,760,000
6 May 2020
USD 83,160,000
6 May 2021
USD 88,750,000
6 May 2022
USD 94,210,000

(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, notices to the
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 systems.

15.
Redemption at the Option of

No
Noteholders (Condition 6(f)):

16.
Prescription:

(Condition 8)

(a)
Principal:

10 years

(b)
Interest:

5 years

17.
Early Redemption Amount

Amortized Face Amount (as defined in
(including accrued interest, if
Condition 6(c) and calculated in
applicable):
accordance therewith)
(Condition 9):

18.
Governing Law:

English

Other Relevant Terms

1.
Listing (if yes, specify Stock

Luxembourg
Exchange):

2.
Details of Clearance System

Clearstream Banking, société anonyme
Approved by the Bank and the
and Euroclear. Payment for Notes will be
Global Agent and Clearance and
on delivery against payment basis.
Settlement Procedures:

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3.
Syndicated:

No

4.
Codes:

(a)
Common Code:

16743151

(b)
ISIN:

XS0167431518

5.
Identity of Dealer(s)/Manager(s):

Merrill Lynch International

6.
Provisions for Bearer Notes:

(a)
Exchange Date:

Not earlier than 16 June, 2003

(b)
Permanent Global Note:

Yes

(c)
Definitive Bearer Notes:

No

General Information

The Bank's latest Information Statement was issued on September 17, 2002

The following additional selling restrictions apply to the issue:

1.
United Kingdom:
The Manager has represented and agreed that
it has complied and will comply with all
applicable provisions of the Financial S ervices
Act and Markets 2000 with respect to anything
done by it in relation to the Notes in, from or
otherwise involving the United Kingdom.

2.
Japan
The Notes have not been and will not be

registered under the Securities and Exchange

Law of Japan (the "Securities and Exchange

Law") and each Manager represents and

agrees that it is purchasing Notes as principal

and that in connection with the offering of the
Notes, it will not offer or sell any Notes,
directly or indirectly, in Japan or to, or for the
benefit of, any resident of Japan (which term
as used herein means any person resident in
Japan, including any corporation or other
entity organised under the laws of Japan), or
to others for re-offering or resale, directly or
indirectly, in Japan or to a resident of Japan
except pursuant to an exemption from the
registration requirements or, or otherwise in

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compliance with the Securities and Exchange
Law and any applicable laws and regulations of
Japan and furthermore undertakes that any
securiti es dealer to whom it sells any Notes
will agree that it is purchasing the Notes as
principal and that it will not offer or sell any
Note, directly or indirectly, in Japan or to or for
the benefit of any residents of Japan (except
as aforesaid).

INTERNATIONAL BANK FOR RECONSTRUCTION
AND DEVELOPMENT

By:
________________________________________

Authorized Officer

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