Obligation IBRD-Global 5.5% ( XS0791586745 ) en BRL

IBRD-Global

100 % ⇌

Etats-unis

XS0791586745 ( en BRL )

5.5% par an ( paiement annuel )

08/12/2013 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0791586745 en BRL 5.5%, échue

250 000 000 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 XS0791586745, paye un coupon de 5.5% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 08/12/2013

Final Terms dated June 6, 2012

International Bank for Reconstruction and Development

Issue of BRL 250,000,000 5.50 per cent. Notes due December 9, 2013
payable in United States Dollars

under the
Global Debt Issuance Facility

Terms used herein shal 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:
10774
(i ) Tranche Number:
1
3. Specified Currency or Currencies The lawful currency of the Federative Republic of Brazil
(Condition 1(d)):
("Brazilian Real" or "BRL") provided that all payments in
respect of the Notes will be made in United States Dol ars
("USD")
4. Aggregate Nominal Amount:

(i) Series:
BRL250,000,000
(i ) Tranche:
BRL250,000,000
5. (i) Issue Price:
100.856 per cent. of the Aggregate Nominal Amount
(i ) Net proceeds:
BRL249,640,000 (equivalent to USD123,718,901.77 at
the BRL/USD exchange rate of 2.0178)
6. Specified Denomination
BRL5,000 and integral multiples thereof
(Condition 1(b)):
7. Issue Date:
June 8, 2012
8. Maturity Date (Condition 6(a)):
December 9, 2013
9. Interest Basis (Condition 5):
5.50 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:
5.50 per cent. per annum payable annually in arrear
(i ) Interest Payment Dates:
December 9, 2012, and the Maturity Date.
(i i) Fixed Coupon Amount:
BRL275.00 per Specified Denomination, payable in USD
by applying the following formula:
BRL275.00 divided by the BRL Rate (as defined below)

(iv) Broken Amount(s):
Initial Broken Amount of BRL 138.25 per Specified
Denomination, payable in USD by applying the following
formula:
BRL138.25 divided by the BRL Rate (as defined below),
payable on December 9, 2012

(v) Day Count Fraction
Actual/Actual (ICMA)

(Condition 5(l)):
(vi) Other terms relating to the
"Calculation Agent" means Citibank, N.A., London
method of calculating
Branch
interest for Fixed Rate

Notes:
"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

(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 Rate wil be determined by the
Calculation Agent in good faith and in a
commercially reasonable manner, having taken
into account relevant market practice

2

"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" means for any Interest Payment
Date or the Maturity Date or date on which an amount is
payable 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. If the next
day is also an Unscheduled Holiday, the BRL Rate will 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

"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

3

"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.

"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

PROVISIONS RELATING TO REDEMPTION
17. Final Redemption Amount of
BRL 5,000 per Specified Denomination; provided that the
each Note (Condition 6):
Final Redemption Amount per Specified Denomination
will be payable in USD and determined by the Calculation
Agent on the BRL Valuation Date immediately preceding
the Maturity Date by applying the following formula:

Specified Denomination divided by BRL Rate (as defined
in Term 16 above)

18. Early Redemption Amount
The Final Redemption Amount as determined in
(Condition 6(c)):
accordance with Term 17 above plus accrued interest,
payable in USD

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):
New York
23. Other final terms:
Not Applicable
DISTRIBUTION
24. (i) If syndicated, names of
Not Applicable
Managers:
(i ) Stabilizing Manager(s) (if
Not Applicable
any):
25. If non-syndicated, name of
HSBC Bank plc
Dealer:
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26. Total commission and
1.00 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, including the information
contained herein and in the Prospectus, 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:
XS0791586745
29. Common Code:
079158674
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 October 4, 2011.

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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