Bond IBRD-Global 0% ( XS0522730133 ) in USD

IBRD-Global

100 % ⇌

United States

XS0522730133 ( in USD )

0%

08/07/2040

Prospectus brochure of the bond IBRD XS0522730133 en USD 0%, maturity 08/07/2040

/

45 110 000 USD

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.

This financial article provides an in-depth analysis of a specific bond instrument, identified by the ISIN XS0522730133, issued by the International Bank for Reconstruction and Development (IBRD), a pivotal global development institution and a core part of the World Bank Group, which is dedicated to reducing poverty and supporting development through financial and technical assistance to middle-income and creditworthy low-income countries. This particular debt obligation, denominated in United States Dollars (USD) and issued from the United States, currently trades at 100% of its par value in the market. A defining characteristic of this bond is its zero percent interest rate, classifying it as a zero-coupon instrument, meaning investors do not receive periodic interest payments; rather, their return is generated solely from the difference between the bond's original discounted issue price and its full par value redemption upon its long-term maturity on July 8, 2040. The total principal size of this issuance stands at 45,110,000 USD, and despite a listed payment frequency of two, this specifically indicates the absence of regular semi-annual coupon distributions consistent with its zero-coupon structure, with the principal being repaid as a single amount at its maturity date.

Final Terms dated 6 July 2010

International Bank for Reconstruction and Development

Issue of USD 10,000,000 Zero Coupon Callable Notes due 9 July 2040

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:
3903
(ii) Tranche Number:
1
3. Specified Currency or Currencies
United States Dollars ("USD")
(Condition 1(d)):
4. Aggregate Nominal Amount:

(i) Series:
USD 10,000,000
(ii) Tranche:
USD 10,000,000
5. (i) Issue Price:
100.00 per cent. of the Aggregate Nominal Amount

(ii) Net proceeds:
USD 10,000,000
6. Specified Denominations
USD 100,000
(Condition 1(b)):
7. Issue Date:
9 July, 2010
8. Maturity Date (Condition 6(a)):
9 July, 2040
9. Interest Basis (Condition 5):
Zero Coupon
(further particulars specified below in Term 16)
10. Redemption/Payment Basis
Each Note will be redeemed at its Optional Redemption
(Condition 6):
Amount, its Early Redemption Amount or its Final
Redemption Amount, as applicable
11. Change of Interest or
Not Applicable
Redemption/Payment Basis:
12. Call/Put Options (Condition 6):
Call Option
(further particulars specified below in Term 17)
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. Zero Coupon Note Provisions
Applicable
(Condition 5(c)):

1

(i) Amortization Yield
5.15 per cent. per annum
(Condition 6(c)(ii)):
(ii) Day Count Fraction
30/360
(Condition 5(l)):
(iii) Any other formula/basis of
Not Applicable
determining amount payable:
PROVISIONS RELATING TO REDEMPTION
17. Call Option (Condition 6(d)):
Applicable

(i) Optional Redemption
9 July in each year, from and including 9 July 2011, to and
Date(s):
including 9 July 2039
(ii) Optional Redemption
The Optional Redemption Amount per Specified
Amount(s) of each Note and
Denomination for each Optional Redemption Date is set out
method, if any, of calculation opposite such date in the table below, expressed as a
of such amount(s):
percentage of the Specified Denomination, and payable on
the applicable Optional Redemption Date:

Optional
Amount expressed as a
Redemption Date
percentage of the Specified
Denomination

July 9, 2011
105.150000 per cent.

July 9, 2012
110.565225 per cent.

July 9, 2013
116.259334per cent.

July 9, 2014
122.246690 per cent.

July 9, 2015
128.542394 per cent.

July 9, 2016
135.162328 per cent.

July 9, 2017
142.123187 per cent.

July 9, 2018
149.442532 per cent.

July 9, 2019
157.138822 per cent.

July 9, 2020
165.231471 per cent.

July 9, 2021
173.740892 per cent.

July 9, 2022
182.688548 per cent.

July 9, 2023
192.097008 per cent.

July 9, 2024
201.990004 per cent.

July 9, 2025
212.392489 per cent.

July 9, 2026
223.330703 per cent.

July 9, 2027
234.832234 per cent.

July 9, 2028
246.926094 per cent.

July 9, 2029
259.642788 per cent.

July 9, 2030
273.014391 per cent.

July 9, 2031
287.074632 per cent.

July 9, 2032
301.858976 per cent.

July 9, 2033
317.404713 per cent.

2

July 9, 2034
333.751056 per cent.

July 9, 2035
350.939235 per cent.

July 9, 2036
369.012606 per cent.

July 9, 2037
388.016755 per cent.

July 9, 2038
407.999618 per cent.

July 9, 2039
429.011598 per cent.
(iii) Notice period:
Not less than five (5) London and New York Business Days
prior to the relevant Optional Redemption Date
18. Final Redemption Amount of each 451.105696 per cent. of the Aggregate Nominal Amount
Note (Condition 6):
(which, for the avoidance of doubt, equates to USD
451,105.70 per Specified Denomination)
19. Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20. Form of Notes (Condition 1(a)):
Registered Notes:

Global Registered Certificate available on Issue Date
21. New Global Note:
No
22. Financial Centre(s) or other special London and New York
provisions relating to payment
dates (Condition 7(h)):
23. Governing law (Condition 14):
English
24. Other final terms:
Not Applicable
DISTRIBUTION
25. (i) If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii) Stabilizing Manager(s) (if
Not Applicable
any):
26. If non-syndicated, name of Dealer: Banco Bilbao Vizcaya Argentaria, S.A.
27. Total commission and concession: Not Applicable
28. Additional selling restrictions:
Not Applicable
OPERATIONAL INFORMATION

29. ISIN Code:
XS0522730133
30. Common Code:
052273013
31. Any clearing system(s) other than
Not Applicable
Euroclear Bank S.A./N.V.,
Clearstream Banking, société
anonyme and The Depository
Trust Company and the relevant
identification number(s):
32. Delivery:
Delivery against payment
33. Registrar and Transfer Agent (if
Citibank N.A., London Branch
any):

3

34. Intended to be held in a manner
Not Applicable
which would allow Eurosystem
eligibility:

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 28, 2009

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

4