Obligation IBRD-Global 8.8% ( XS0446421157 ) en BRL

IBRD-Global

100 % ⇌

Etats-unis

XS0446421157 ( en BRL )

8.8% par an ( paiement annuel )

15/06/2012 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0446421157 en BRL 8.8%, échue

425 000 000 BRL

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 BRL, avec le code ISIN XS0446421157, paye un coupon de 8.8% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 15/06/2012

Final Terms dated August 18, 2009
International Bank for Reconstruction and Development
Issue of BRL425,000,000 8.75 per cent. Notes due June 15, 2012
payable in United States Dollars
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:
10320
(ii) Tranche Number:
1
3.
Specified Currency or Currencies
Brazilian Real ("BRL") provided that all payments in
(Condition 1(d)):
respect of the Notes will be made in United States Dollars
("USD")
4.
Aggregate Nominal Amount:

(i) Series:
BRL425,000,000
(ii) Tranche:
BRL425,000,000
5.
(i) Issue Price:
100.00 per cent. of the Aggregate Nominal Amount
(ii) Net proceeds:
BRL425,000,000 (equivalent to USD231,986,899.60 at the
USD/BRL FX Rate of 1.832)
6.
Specified Denomination
BRL5,000
(Condition 1(b)):
7.
Issue Date:
August 20, 2009
8.
Maturity Date (Condition 6(a)):
June 15, 2012
9.
Interest Basis (Condition 5):
8.75 per cent. Fixed Rate
(further particulars specified below)
10. Redemption/Payment Basis
Redemption at par
(Condition 6):
11. Change of Interest or
Not Applicable
Redemption/Payment Basis:
12. Call/Put Options (Condition 6):
Not Applicable
13. Status of the Notes (Condition 3):
Unsecured and unsubordinated
14. Listing:
Luxembourg Stock Exchange
15. Method of distribution:
Non-syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i) Rate of Interest:
8.75 per cent. per annum payable annually in arrear

(ii) Interest Payment Dates:
June 15, 2010, June 15, 2011 and June 15, 2012
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(iii) Fixed Coupon Amount:
The Fixed Coupon Amount for the relevant Interest Period
shall be BRL 437.50 per Specified Denomination, payable in
USD by applying the following formula:
BRL437.50 divided by BRL Rate (as defined in Term 17
below)
(iv) Broken Amount(s):
The Broken Amount for the first Interest Period shall be
BRL358.39 per Specified Denomination, payable in USD by
applying the following formula:
BRL358.39 divided by BRL Rate (as defined in Term 17
below)
(v) Day Count Fraction (Condition
Actual/Actual (ICMA).

5(l)):
(vi) Other terms relating to the
Not Applicable
method of calculating interest
for Fixed Rate Notes:
PROVISIONS RELATING TO REDEMPTION
17. Final Redemption Amount of each
The Final Redemption Amount per Specified Denomination
Note (Condition 6):
will be payable in USD and determined by the Calculation
Agent as follows, on the BRL Valuation Date prior to the
Maturity Date:

Specified Denomination divided by BRL Rate
Where:

"Calculation Agent" means Citibank, N.A., London Branch

"BRL Rate" means, in respect of a BRL Valuation Date, the
BRL/USD exchange rate, expressed as the amount of BRL
per one USD:
(a) determined by the Calculation Agent on the relevant
BRL Valuation Date by reference to the applicable BRL-
PTAX Rate; or
(b) in the event that the BRL-PTAX Rate is not available on
the applicable BRL Valuation Date, determined by the
Calculation Agent on the relevant BRL Valuation Date by
reference to the applicable EMTA BRL Industry Survey
Rate (if such rate is available); or
(c) in the event that both the BRL-PTAX Rate and the
EMTA BRL Industry Survey Rate are not available on the
applicable BRL Valuation Date, determined by the
Calculation Agent on the relevant BRL Valuation Date in
good faith and in a commercially reasonable manner, having
taken into account relevant market practice, provided that:
(i) if, on the applicable BRL Valuation Date, the
Calculation Agent determines that a Price Materiality
has occurred on such BRL Valuation Date, the BRL
Rate will be the EMTA BRL Industry Survey Rate
applicable in respect of such BRL Valuation Date; and
(ii) if, on the applicable BRL Valuation Date, the
Calculation Agent determines that an EMTA Failure
has occurred on such BRL Valuation Date, the BRL
Rate will be determined by the Calculation Agent in
good faith and in a commercially reasonable manner,
having taken into account relevant market practice
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"BRL-PTAX Rate" means, in respect of a BRL Valuation
Date, the BRL/USD offered rate for USD, expressed as the
amount of BRL per one USD, for settlement in two New
York and São Paulo Business Days reported by the Banco
Central do Brasil on SISBACEN Data System under
transaction code PTAX-800 ("Consulta de Cambio" or
Exchange Rate Inquiry), Option 5 ("Cotacões para
Contabilidade" or Rates for Accounting Purposes) by
approximately 8:30 p.m. São Paulo time on such BRL
Valuation Date

"BRL Valuation Date" for any Interest Payment Date or the
Maturity Date or date on which an amount is payable means
the fifth Valuation Business Day prior to such date, provided
however that if such date is an Unscheduled Holiday, the
BRL Valuation Date shall be the next following Valuation
Business Day

"EMTA BRL Industry Survey Methodology" means a
methodology, dated as of March 1, 2004, as amended from
time to time, for a centralised industry-wide survey of
financial institutions in Brazil that are active participants in
the BRL/USD spot markets for the purposes of determining
the EMTA BRL Industry Survey Rate

"EMTA BRL Industry Survey Rate" means the foreign
exchange rate as specified in the ISDA 1998 FX and
Currency Option Definitions (as updated from time to time)
Settlement Rate Options: "EMTA BRL Industry Survey
Rate (BRL12)", meaning that the spot rate for a BRL
Valuation Date will be the BRL/USD offered rate for USD,
expressed as the amount of BRL per one USD, for
settlement in two New York and São Paulo Business Days,
calculated by EMTA (or a service provider EMTA may in its
sole discretion select) pursuant to the EMTA BRL Industry
Survey Methodology and published on EMTA's website
(www.emta.org) at approximately 3:45p.m. São Paulo time
or as soon thereafter as practicable on such BRL Valuation
Date

"EMTA Failure" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate, having
been requested as prescribed by EMTA, is not available for
any reason. For the avoidance of doubt, an EMTA Failure
may still occur notwithstanding that the BRL-PTAX Rate is
available on the applicable BRL Valuation Date

"Price Materiality" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate is available
on such date and that the BRL-PTAX Rate differs from the
EMTA BRL Industry Survey Rate by more than 3 per cent.

"Unscheduled Holiday" means a day that is not a Valuation
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
a.m. local time in São Paulo two São Paulo Business Days
prior to the relevant BRL Valuation Date, provided,
however, that if the next day is also an Unscheduled
Holiday, the BRL Rate will be determined by the
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Calculation Agent on such day in its sole discretion acting in
good faith in a commercially reasonable manner having
taken into account relevant market practice and by reference
to such additional sources as it deems appropriate

"Valuation Business Day" means a day (other than a
Saturday or a Sunday) on which banks and foreign exchange
markets are open for business in New Yor k and São Paulo
18. Early Redemption Amount
The Final Redemption Amount as determined in accordance
(Condition 6(c)):
with Term 17 above plus accrued interest, payable in United
States dollars
GENERAL PROVISIONS APPLICABLE TO THE NOTES
19. Form of Notes (Condition 1(a)):
Registered Notes:

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special São Paulo, New York and London
provisions relating to payment
dates (Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
Not Applicable
DISTRIBUTION
24. (i) If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii) Stabilizing Manager(s) (if
Not Applicable
any):
25. If non-syndicated, name of Dealer:
J.P. Morgan Securities Ltd.
26. Total commission and concession:
Not Applicable
27. Additional selling restrictions:
Brazil
The Dealer has acknowledged that the Notes may not be
offered or sold to the public in Brazil and that accordingly,
the offering of the Notes has not been submitted to the
Brazilian Securities and Exchange Commission (Commisáo
de Valores Mobilários, the CVM) for approval. The Dealer
has represented and agreed that documents relating to such
offering, as well as the information contained herein and
therein, may not be supplied to the public, as a public
offering in Brazil or be used in connection with any offer for
subscription or sale to the public in Brazil
OPERATIONAL INFORMATION

28. ISIN Code:
XS0446421157
29. Common Code:
044642115
30. Delivery:
Delivery against payment
31. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):
32. Intended to be held in a manner
Not Applicable
which would allow Eurosystem
4

eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 25, 2008.
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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