Obligation IBRD-Global 0% ( XS0395969891 ) en USD

Société émettrice IBRD-Global
Prix sur le marché 100 %  ⇌ 
Pays  Etats-unis
Code ISIN  XS0395969891 ( en USD )
Coupon 0%
Echéance 06/05/2010 - Obligation échue



Prospectus brochure de l'obligation IBRD XS0395969891 en USD 0%, échue


Montant Minimal /
Montant de l'émission 20 000 000 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 XS0395969891, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 06/05/2010








Final Terms dated October 29, 2008
International Bank for Reconstruction and Development

Issue of USD 20,000,000 Currency Exchange Rate Linked Notes due May 6, 2010
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 May 28, 2008. This document
constitutes the Final Terms of the Notes described herein and must be read in conjunction with
such Prospectus.

SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development
("IBRD")

2. (i) Series Number:
3742

(ii) Tranche Number:
1

3. Specified Currency or

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

4. Aggregate Nominal Amount:

(i) Series:
USD 20,000,000

(ii) Tranche:
USD 20,000,000

5. Issue Price:
100.00 per cent. of the Aggregate Nominal Amount

6. Specified Denominations

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

7. Issue Date:
November 3, 2008

8. Maturity Date (Condition May 6, 2010
6(a)):

9. Interest Basis (Condition 5):
Not Applicable

10. Redemption/Payment Basis

(Condition 6):
Index Linked Redemption

11. Change of Interest or

Redemption/Payment Basis:
Not Applicable

12. Call/Put Options (Condition Not Applicable
6):

13. Status of the Notes
Unsecured and unsubordinated
(Condition 3):

14. Listing: Luxembourg

15. Method of distribution:
Non-syndicated

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PROVISIONS RELATING TO REDEMPTION

16. Final Redemption Amount of
each Note (Condition 6):
Applicable

In cases where the Final
Redemption Amount is Index
Linked or other variable-

linked:

(i) Index/Formula/variable: The Final Redemption Amount per Specified Denomination on
the Maturity Date shall be:

(a) If the EUR/USD Fixing Rate has never been at or below
the Limit Rate on any Business Day from and including
the Strike Date to, and including, the Final Valuation
Date, the holder of the Notes will receive an amount in
USD equal to:

Specified Denomination x [1 + Participation Rate x EUR/USD
Put]

(b) If the EUR/USD Fixing Rate has ever been at or below
the Limit Rate on any Business Day from and including
the Strike Date to, and including, the Final Valuation
Date, the holder of the Notes will receive an amount in
USD equal to:

Specified Denomination x 100%

where:

"EUR/USD Fixing Rate" means the Euro/U.S. dollar exchange
rate, expressed as the amount of U.S. dollar per one Euro which
appears on Reuters Screen ECB37 to the right of the caption
"EUR" at approximately 2:15 p.m., Central European time, on a
Business Day, provided that if such rate does not appear on the
Reuters screen ECB37 (or such other page that may replace that
page on that service or a successor service) as at approximately
2:15 p.m., Central European time on such day, then "EUR/USD
Fixing Rate" (or a method for determining such rate) shall be
determined by the Calculation Agent taking into consideration all
available information that in good faith it deems relevant.

"Limit Rate" means 1.1173, being 87% of EUR/USD (0) (as
defined below);

"Participation Rate" means 170%;;

"EUR/USD Put" shall be calculated by the Calculation Agent on
the Final Valuation Date as follows:


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-
EUR/USD Put = Max [
EUR/USD(0)
EUR/USD(t)
;
0

]
EUR/USD(0)

EUR/USD (t) = EUR/USD Fixing Rate on the Final
Valuation Date;

EUR/USD (0) = 1.2843 = the EUR/USD Fixing Rate on the
Strike Date;

"Business Day" means, as used in these Final Terms, a day on
which commercial banks and foreign exchange markets are open
for general business (including dealings in foreign exchange and
foreign currency deposits) in New-York and Paris and a day on
which the TARGET system is operating;

"Strike Date" means October 22, 2008;

"Final Valuation Date" means April 29, 2010 (the "Scheduled
Final Valuation Date"), provided, however, that (i) in the event of
an "Unscheduled Holiday" (as defined below), adjustment shall
be made in accordance with the Following Business Day
Convention, and (ii) if, in the event of the occurrence of an
Unscheduled Holiday, the Final Valuation Date has not occurred
on or before the third consecutive day after the Scheduled Final
Valuation Date (any such period being a "Deferral Period"), then
the next day after the Deferral Period that is a Business Day or
would have been a Business Day but for the Unscheduled
Holiday, shall be deemed to be the Final Valuation Date.

"Unscheduled Holiday" means that a day is not a Business Day
and the market was not aware of such fact (by means of a public
announcement or by reference to other publicly available
information) until a time later than 9:00 am Central European
Time two Business Days prior to the Scheduled Final Valuation
Date.
(ii) Party responsible for

calculating the Final

Redemption Amount (if
Société Générale acting as Calculation Agent
not Citibank N.A.):

(iii) Payment Date:
Maturity Date
(iv) Minimum Final

Redemption Amount:
100% per Specified Denomination
(v) Maximum
Final
Redemption Amount:
Not Applicable.
17. Early Redemption Amount
The Early Redemption Amount shall be calculated in the same
(Condition 6(c)):
manner as the Final Redemption Amount but as if the date for
early redemption were the Maturity Date and as if the Final
Valuation Date was five Business Days before the date for early
redemption.


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GENERAL PROVISIONS APPLICABLE TO THE NOTES

18. Form of Notes (Condition 1(a)):
Bearer Notes:


Temporary Global Note exchangeable for a Permanent
Global Note on the Exchange Date


Exchange Date in respect of Temporary Global Note:
December 15, 2008

19. New Global Note:
No

20. Financial Centre(s) or other special
provisions relating to payment
dates (Condition 7(h)):
London and New York



21. Governing law (Condition 14):
English Law

22. Other final terms:
Not Applicable

DISTRIBUTION

23. (i) If syndicated, names of
Managers and underwriting
commitments:
Not Applicable

(ii) Stabilizing Manager(s) (if
any):
Not Applicable

24. If non-syndicated, name of Dealer: Société Générale

25. Additional selling restrictions:
Not Applicable

OPERATIONAL INFORMATION


26. ISIN Code:
XS0395969891

27. Common Code:
039596989

28. Delivery:
Delivery against payment

29. Intended to be held in a manner
which would allow Eurosystem
eligibility:
No

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 25, 2008.
CONFLICT OF INTEREST
Société Générale will play several different roles in connection with the Notes, including
underwriter (dealer) and calculation agent and will also be the Issuer's counterparty in a
related swap transaction entered into by the Issuer in order to hedge its obligations under the
Notes. The existence of such multiple roles and responsibilities for Société Générale creates
possible conflicts of interest. For example, the amounts payable by Société Générale to the
Issuer under the related swap transaction are calculated on the basis of the amounts payable

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by the Issuer under the Notes. Therefore, the determinations made by Société Générale as
calculation agent in respect of the Notes will affect the amounts payable by Société Générale
under the related swap transaction, and, in making such determinations, Société Générale may
have economic interests adverse to those of the holders of the Notes.

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.

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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