Bond IBRD-Global 3.1% ( US45905U6L39 ) in USD

Issuer IBRD-Global
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  US45905U6L39 ( in USD )
Interest rate 3.1% per year ( payment 2 times a year)
Maturity 19/11/2025



Prospectus brochure of the bond IBRD US45905U6L39 en USD 3.1%, maturity 19/11/2025


Minimal amount 1 000 USD
Total amount 600 000 000 USD
Cusip 45905U6L3
Next Coupon 20/11/2025 ( In 18 days )
Detailed description The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects.

The Bond issued by IBRD-Global ( United States ) , in USD, with the ISIN code US45905U6L39, pays a coupon of 3.1% per year.
The coupons are paid 2 times per year and the Bond maturity is 19/11/2025







Final Terms dated November 7, 2019
International Bank for Reconstruction and Development
Issue of US$100,000,000 3.125 per cent. Notes due November 20, 2025
(to be consolidated and form a single series with the existing US$600,000,000
3.125 per cent. Notes due November 20, 2025, issued November 20, 2018)

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 27 below.
SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development
("IBRD")
2. (i) Series Number:
100598
(ii) Tranche Number:
2
3. Specified Currency or Currencies
United States Dollars ("US$")
(Condition 1(d)):
4. Aggregate Nominal Amount:

(i) Series:
US$700,000,000
(ii) Tranche:
US$100,000,000
5. (i) Issue Price:
108.040 per cent. of the Aggregate Nominal Amount of this
Tranche plus 172 days' of accrued interest
(ii) Net proceeds:
US$109,533,055.56
6. Specified Denominations
US$1,000 and integral multiples thereof
(Condition 1(b)):
7. (i) Issue Date:
November 12, 2019

(ii) Interest Commencement
May 20, 2019


Date (Condition 5(l)):
8. Maturity Date (Condition 6(a)):
November 20, 2025
9. Interest Basis (Condition 5):
3.125 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:
3.125 per cent. per annum payable semi-annually in arrear
(ii) Interest Payment Date(s):
May 20 and November 20 of each year, from and including
November 20, 2019, 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):
US$15.63 per minimum Specified Denomination
(vii) Day Count Fraction
30/360
(Condition 5(l)):
(viii) 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 US$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)):
Registered Notes:

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special London and New York
provisions relating to payment
dates (Condition 7(h)):
22. Governing law (Condition 14):
New York
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

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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)
Not Applicable
(if any):
25. If non-syndicated, name of
Deutsche Bank AG, London Branch
Dealer:
26. Additional selling restrictions:
Not Applicable
27. MiFID II product governance
Directive 2014/65/EU (as amended, "MiFID II") product
Retail investors, professional
governance / Retail investors, professional investors and
investors and ECPs target
eligible counterparties ("ECPs") target market
markets:
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, 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 manufacturer's 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 manufacturer's 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, the term "manufacturer"
means the Dealer.
OPERATIONAL INFORMATION
28. ISIN Code:
US45905U6L39
29. CUSIP:
45905U6L3
30. Common Code
191327241
31. Any clearing system(s) other
Not Applicable
than Euroclear Bank SA/NV,
Clearstream Banking, S.A. and
The Depository Trust

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Company and the relevant
identification number(s):
32. Delivery:
Delivery against payment
33. Registrar and Transfer Agent Citibank, N.A., London Branch
(if any):
34. Intended to be held in a
No
manner which would allow

Eurosystem eligibility:
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 24, 2019.
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.
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").
Examples of 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 reductions in GHG 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
Examples of 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.

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TAX TREATMENT
The Notes and the interest thereon generally will be subject to taxation, including United States federal
income taxation.
Prospective purchasers of Notes should carefully consider the matters set forth under "Tax Matters"
in the accompanying Prospectus including the limitations and exceptions set forth therein.
In addition, prospective purchasers of the Notes should consult their own tax advisors concerning the
application to their particular situation of United States federal income, withholding and estate tax laws,
state, local or other tax laws and the possible effects of changes in federal or other tax laws.

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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