Obligation IBRD-Global 6% ( XS0683213101 ) en BRL

IBRD-Global

100 % ▲

Etats-unis

XS0683213101 ( en BRL )

6% par an ( paiement annuel )

30/09/2013 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0683213101 en BRL 6%, échue

101 000 000 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 XS0683213101, paye un coupon de 6% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 30/09/2013

Final Terms dated 28 September 2011

International Bank for Reconstruction and Development

Issue of BRL101,000,000 6.00 per cent. BRL/USD FX Linked Notes due 30 September 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:
10656
(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:
BRL101,000,000
(i ) Tranche:
BRL101,000,000
5. (i)
Issue Price:
100.76 per cent. of the Aggregate Nominal Amount
(i ) Net proceeds:
BRL100,631,350 (equivalent to USD55,120,718.96 at
the BRL/USD exchange rate of 1.8256537995)
6. Specified Denomination
BRL5,000
(Condition 1(b)):
7. Issue Date:
30 September 2011
8. Maturity Date (Condition 6(a)):
30 September 2013
9. Interest Basis (Condition 5):
6.00 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)):
1

(i)
Rate of Interest:
6.00 per cent. per annum payable annually in arrear

(i ) Interest Payment Dates:
30 September 2012 and 30 September 2013
(i i) Fixed Coupon Amount:
The Fixed Coupon Amount for the relevant Interest
Period shal be BRL300.00 per Specified
Denomination, payable in USD by applying the
following formula:
300.00 divided by BRL Rate (as defined in Term 17
below)
(iv) Broken Amount(s):
Not Applicable
(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
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
2

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

"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 stil 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.
3

"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 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 (Condition
The Final Redemption Amount as determined in
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 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 Managers Not Applicable
and underwriting commitments:
(i ) Stabilizing Manager(s) (if any):
Not Applicable
25. If non-syndicated, name of Dealer:
J.P. Morgan Securities Ltd.
26. Total commission and concession:
1.125 per cent. of the Aggregate Nominal Amount
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 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:
XS0683213101
4

29. Common Code:
068321310
30. Delivery:
Delivery against payment
31. Registrar and Transfer Agent (if any):
Citibank, N.A., London Branch
32. Intended to be held in a manner which No
would al ow 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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