Obligation IBRD-Global 5.3% ( XS2295730803 ) en ZAR

Société émettrice IBRD-Global
Prix sur le marché refresh price now   100 %  ▲ 
Pays  Etas-Unis
Code ISIN  XS2295730803 ( en ZAR )
Coupon 5.3% par an ( paiement annuel )
Echéance 05/02/2026



Prospectus brochure de l'obligation IBRD XS2295730803 en ZAR 5.3%, échéance 05/02/2026


Montant Minimal 2 000 000 ZAR
Montant de l'émission 380 000 000 ZAR
Prochain Coupon 05/02/2026 ( Dans 218 jours )
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 ( Etas-Unis ) , en ZAR, avec le code ISIN XS2295730803, paye un coupon de 5.3% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 05/02/2026







Final Terms dated 28 January 2021

International Bank for Reconstruction and Development

Issue of ZAR 380,000,000 5.31 per cent. Notes due 5 February 2026

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.

UK MiFIR product governance / Professional investors and eligible counterparties
target markets ­ See Term 28 below.

SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101297

(ii)
Tranche Number:
1
3.
Specified Currency or Currencies
South African Rand ("ZAR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:


(i)
Series:
ZAR 380,000,000

(ii)
Tranche:
ZAR 380,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii) Net Proceeds:
ZAR 380,000,000
6.
Specified Denominations
ZAR 2,000,000

(Condition 1(b)):
7.
Issue Date:
5 February 2021
8.
Maturity Date (Condition 6(a)):
5 February 2026
9.
Interest Basis (Condition 5):
5.31 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

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PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i)
Rate of Interest:
5.31 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
5 February in each year, from and including 5 February 2022
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) Day Count Fraction
30/360
(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 each
ZAR 2,000,000 per 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)):
Registered Notes:

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special
Johannesburg, London and New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
The first sentence of Condition 7(a)(ii) is hereby replaced by
the following: "Interest (which for the purpose of this
Condition 7(a) shall include all Instalment Amounts other
than final Instalment Amounts) on Registered Notes shall be
paid to the person shown on the Register at the close of
business on the calendar day before the due date for payment
thereof (the "Record Date")."
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:
Merrill Lynch International
26. Total commission and concession:
Not Applicable

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27. Additional selling restrictions:
Not Applicable
28. UK MiFIR product governance / Regulation (EU) No 600/2014 as it forms part of domestic
Professional investors and eligible
law by virtue of the European Union (Withdrawal) Act
counterparties target markets:
2018 ("UK MiFIR") product governance / Professional
investors and eligible counterparties only target market
­ Solely for the purposes of the 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 eligible counterparties (as defined in the
United Kingdom Financial Conduct Authority (the "FCA")
Handbook Conduct of Business Sourcebook ("COBS")),
and professional clients (as defined in UK MiFIR); and (ii)
all channels for distribution of the Notes to eligible
counterparties and professional clients are appropriate. Any
person subsequently offering, selling or recommending the
Notes (a "distributor") should take into consideration the
manufacturer's target market assessment; however, each
distributor subject to the FCA Handbook Product
Intervention and Product Governance Sourcebook (the "UK
MiFIR Product Governance Rules") is responsible for
undertaking its own target market assessment in respect of
the Notes (by either adopting or refining the manufacturer's
target market assessment) and determining appropriate
distribution channels.
For the purposes of this Term 28, "manufacturer" means the
Dealer.
OPERATIONAL INFORMATION

29. ISIN:
XS2295730803
30. Common Code:
229573080
31. Delivery:
Delivery against payment
32. Registrar and Transfer Agent
Citibank, N.A., London Branch

(if any):
33. Intended to be held in a manner
No

which would allow Eurosystem

eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 23 September 2020.

SPECIAL ACCOUNT
An amount equal to the net proceeds of the issue of the Notes will be credited to a special account
that will support IBRD's lending for Eligible Projects. So long as the Notes are outstanding and the
special account has a positive balance, periodically and at least at the end of every fiscal quarter,
funds will be deducted from the special account and added to IBRD's lending pool in an amount
equal to all disbursements from that pool made during such quarter in respect of Eligible Projects.


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ELIGIBLE PROJECTS
"Eligible Projects" means all projects funded, in whole or in part, by IBRD that promote the
transition to low-carbon and climate resilient growth in the recipient country, as determined by
IBRD. Eligible Projects may include projects that target (a) mitigation of climate change including
investments in low-carbon and clean technology programs, such as energy efficiency and
renewable energy programs and projects ("Mitigation Projects"), or (b) adaptation to climate
change, including investments in climate-resilient growth ("Adaptation Projects").
Mitigation Projects include, without limitation:
·
Rehabilitation of power plants and transmission facilities to reduce greenhouse gas emissions
·
Solar and wind installations
·
Funding for new technologies that permit significant reduction in green house gas emissions
·
Greater efficiency in transportation, including fuel switching and mass transport
·
Waste management (methane emission) and construction of energy-efficient buildings
·
Carbon reduction through reforestation and avoided deforestation
Adaptation Projects include, without limitation:
·
Protection against flooding (including reforestation and watershed management)
·
Food security improvement and stress-resilient agricultural systems which slow down
deforestation
·
Sustainable forest management and avoided deforestation
The above examples of Mitigation Projects and Adaptation Projects are for illustrative purposes
only and no assurance can be provided that disbursements for projects with these specific
characteristics will be made by IBRD during the term of the Notes. Payment of principal and
interest, if any, on the Notes will be made from IBRD's general funds and will not be directly linked
to the performance of any Eligible Projects.
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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