Obligation IBRD-Global 8.3% ( XS0580402310 ) en BRL

IBRD-Global

100 % ⇌

Etats-unis

XS0580402310 ( en BRL )

8.3% par an ( paiement annuel )

24/01/2013 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0580402310 en BRL 8.3%, échue

100 000 000 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 XS0580402310, paye un coupon de 8.3% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 24/01/2013

Final Terms dated 20 January 2011

International Bank for Reconstruction and Development

Issue of BRL100,000,000 8.25 per cent. BRL/USD FX Linked Notes due 24 January 2013
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:
10571
(i ) 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:
BRL100,000,000
(i ) Tranche:
BRL100,000,000
5. (i)
Issue Price:
100.875 per cent. of the Aggregate Nominal Amount
(i ) Net proceeds:
BRL99,750,000 (equivalent to USD59,375,000 at the
BRL/USD exchange rate of 1.6800)
6. Specified Denomination
BRL5,000
(Condition 1(b)):
7. Issue Date:
24 January 2011
8. Maturity Date (Condition 6(a)):
24 January 2013
9. Interest Basis (Condition 5):
8.25 per cent. Fixed Rate
(further particulars specified below)
10. Redemption/Payment Basis
FX Linked Redemption as set out in Term 17
(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:
8.25 per cent. per annum payable annually in arrear

1

(i ) Interest Payment Dates:
24 January 2012 and 24 January 2013
(i i) Fixed Coupon Amount:
The Fixed Coupon Amount for the relevant Interest Period
shal be BRL412.50 per Specified Denomination, payable
in USD by applying the following formula:
412.50 divided by BRL Rate (as defined in Term 17
below)
(iv) Broken Amount(s):
Not Applicable
(v) Day Count Fraction
Actual/Actual (ICMA).

(Condition 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
The
Final
Redemption
Amount
per
Specified
each Note (Condition 6):
Denomination 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 wil be the EMTA BRL Industry
Survey Rate applicable in respect of such BRL
Valuation Date; and
(i ) if, on the applicable BRL Valuation Date, the
Calculation Agent determines that an EMTA Failure
has occurred on such BRL Valuation Date, the BRL
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Rate will be determined by the Calculation Agent in
good faith and in a commercially reasonable
manner, having taken into account relevant market
practice

"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 3:45
p.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
3

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 wil be determined by
the 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 London, New
York and São Paulo
18. Early Redemption Amount
The Final Redemption Amount as determined in
(Condition 6(c)):
accordance with Term 17 above plus accrued interest,
payable in United States dol ars
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
São Paulo, New York and London
special 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:
(i ) Stabilizing Manager(s) (if
Not Applicable
any):
25. If non-syndicated, name of
J.P. Morgan Securities Ltd.
Dealer:
26. Total commission and
1.125 per cent. of the Aggregate Nominal Amount
concession:
27. Additional sel ing 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 wel 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:
XS0580402310
29. Common Code:
058040231
4

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
No
which would allow Eurosystem
eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 22 September 2010.

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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