Obligation IBRD-Global 0.01% ( XS2160861808 ) en EUR

Société émettrice IBRD-Global
Prix sur le marché 100 %  ▲ 
Pays  Etats-unis
Code ISIN  XS2160861808 ( en EUR )
Coupon 0.01% par an ( paiement annuel )
Echéance 24/04/2028 - Obligation échue



Prospectus brochure de l'obligation IBRD XS2160861808 en EUR 0.01%, échue


Montant Minimal 1 000 EUR
Montant de l'émission 3 000 000 000 EUR
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 EUR, avec le code ISIN XS2160861808, paye un coupon de 0.01% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 24/04/2028







Final Terms dated 21 April 2020

International Bank for Reconstruction and Development

Issue of EUR 3,000,000,000 0.01 per cent. Notes due 24 April 2028

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.

MiFID II product governance / Retail investors, professional investors and ECPs target markets ­
See Term 30 below.
SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101141
(ii)
Tranche Number:
1
3.
Specified Currency or Currencies
Euro ("EUR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 3,000,000,000
(ii)
Tranche:
EUR 3,000,000,000
5.
(i)
Issue Price:
99.792 per cent. of the Aggregate Nominal Amount

(ii)
Net proceeds:
EUR 2,989,260,000
6.
Specified Denominations
EUR 1,000 and multiples thereof
(Condition 1(b)):
7.
Issue Date:
24 April 2020
8.
Maturity Date (Condition 6(a)):
24 April 2028
9.
Interest Basis (Condition 5):
0.01 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:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i)
Rate(s) of Interest:
0.01 per cent. per annum payable annually in arrear


(ii)
Interest Payment Date(s):
24 April in each year, from and including 24 April 2021 to
and including the Maturity Date, not subject to adjustment in
accordance with a Business Day Convention.
(iii)
Interest Period Date(s):
Each Interest Payment Date
(iv)
Business Day Convention:
Not Applicable
(v)
Fixed Coupon Amount(s):
EUR 0.1 per minimum Specified Denomination
(vi)
Day Count Fraction
Actual/Actual (ICMA)
(Condition 5(l)):
(vii)
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
EUR 1,000 per minimum Specified Denomination
Note (Condition 6):
18.
Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
19.
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:
3 June 2020
20.
New Global Note:
Yes
21.
Financial Centre(s) or other special
London, New York and TARGET Business Day
provisions relating to payment
dates (Condition 7(h)):
22.
Talons for future Coupons or
No
Receipts to be attached to
Definitive Notes (and dates on
which such Talons mature)
(Condition 7(g)):
23.
Unmatured Coupons to become
No
void (Condition 7(f)):
24.
Governing law (Condition 14):
English
25.
Other final terms:
Not Applicable
DISTRIBUTION
26.
(i)
If syndicated, names of
BNP Paribas
EUR 750,000,000
Managers and
Deutsche Bank
EUR 750,000,000
underwriting
Aktiengesellschaft
commitments:
J.P. Morgan Securities plc
EUR 750,000,000
Natixis
EUR 750,000,000
(ii)
Stabilizing Manager(s) (if
Not Applicable
any):


27.
If non-syndicated, name of Dealer:
Not Applicable
28.
Total commission and concession:
0.15 per cent. of the Aggregate Nominal Amount
29.
Additional selling restrictions:
Not Applicable
30.
MiFID II product governance / Retail
Directive 2014/65/EU (as amended, "MiFID II") product
investors, professional investors and
governance / Retail investors, professional investors and
ECPs target markets:
eligible counterparties ("ECPs") target market: Solely
for the purposes of each manufacturer's product approval
process, the target market assessment in respect of the Notes
has led to the conclusion that (i) the target market for the
Notes is ECPs, professional clients and retail clients, each as
defined in MiFID II; and (ii) all channels for distribution of
the Notes are appropriate. Any person subsequently offering,
selling or recommending the Notes (a "distributor") should
take into consideration the manufacturers' target market
assessment; however, a distributor subject to MiFID II is
responsible for undertaking its own target market assessment
in respect of the Notes (by either adopting or refining the
manufacturers' target market assessment) and determining
appropriate distribution channels.
IBRD does not fall under the scope of application of the
MiFID II package. Consequently, IBRD does not qualify as
an "investment firm", "manufacturer" or "distributor" for the
purposes of MiFID II.
For the purposes of this provision, "manufacturer" means
each of the Managers.
OPERATIONAL INFORMATION
31.
ISIN:
XS2160861808
32.
Common Code:
216086180
33.
Delivery:
Delivery against payment
34.
Intended to be held in a manner
Yes.
which would allow Eurosystem
Note that the designation ``yes'' simply means that the
eligibility:
Notes are intended upon issue to be deposited with one of
the ICSDs as common safekeeper and does not necessarily
mean that the Notes will be recognized as eligible collateral
for Eurosystem monetary policy and intra-day credit
operations by the Eurosystem either upon issue or at any or
all times during their life. Such recognition will depend upon
the European Central Bank being satisfied that Eurosystem
eligibility criteria have been met.

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 24 September 2019.

USE OF PROCEEDS
Supporting sustainable development in IBRD's member countries
The net proceeds from the sale of the Notes will be used by IBRD to finance sustainable development
projects and programs in IBRD's member countries (without being committed or earmarked for lending to,
or financing of, any particular projects or programs). Prior to use, the net proceeds will be invested by
IBRD's Treasury in accordance with IBRD's liquid asset management investment policies. IBRD's
financing is made available solely to middle-income and creditworthy lower-income member countries


who are working in partnership with IBRD to eliminate extreme poverty and boost shared prosperity, so
that they can achieve equitable and sustainable economic growth in their national economies and find
sustainable solutions to pressing regional and global economic and environmental problems. Projects and
programs supported by IBRD are designed to achieve a positive social impact and undergo a rigorous
review and internal approval process aimed at safeguarding equitable and sustainable economic growth.
IBRD integrates the following five global themes into its lending activities helping its borrowing members
create sustainable development solutions: climate change; gender; infrastructure, public-private
partnerships and guarantees; knowledge management; and fragility, conflict and violence.
IBRD's administrative and operating expenses are covered entirely by IBRD's various sources of revenue
(net income) consisting primarily of interest margin, equity contribution and investment income (as more
fully described in the Information Statement).
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