Bond IBRD-Global 1% ( XS2275018476 ) in EUR

Issuer IBRD-Global
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS2275018476 ( in EUR )
Interest rate 1% per year ( payment 1 time a year)
Maturity 16/12/2050 - Bond has expired



Prospectus brochure of the bond IBRD XS2275018476 in EUR 1%, expired


Minimal amount 100 000 EUR
Total amount 55 000 000 EUR
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 EUR, with the ISIN code XS2275018476, pays a coupon of 1% per year.
The coupons are paid 1 time per year and the Bond maturity is 16/12/2050







Final Terms dated December 11, 2020

International Bank for Reconstruction and Development

Issue of

EUR 55,000,000 Callable 0.95 per cent. Notes due December 16, 2050

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 (the "Prospectus"). This document constitutes
the Final Terms of the Notes described herein and must be read in conjunction with such Prospectus.

MiFID II product governance / Professional investors and ECPs target market ­ See Term 31 below.

SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development
("IBRD")
2. (i) Series Number:
101263
(ii) Tranche Number:
1
3. Specified Currency or Currencies
Euro ("EUR")
(Condition 1(d)):
4. Aggregate Nominal Amount:

(i)
Series:
EUR 55,000,000
(ii) Tranche:
EUR 55,000,000
5. (i) Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii) Net proceeds:
EUR 55,000,000
6. Specified Denominations
EUR 100,000
(Condition 1(b)):
7. Issue Date:
December 16, 2020
8. Maturity Date (Condition 6(a)):
December 16, 2050
9. Interest Basis (Condition 5):
0.95 per cent. Fixed Rate
(further particulars specified in Term 16 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):
Call Option
(further particulars specified in Term 17 below)
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:
0.95 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
December 16 in each year, from and including December 16,
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) Day Count Fraction:
Actual/Actual (ICMA)
(vi) Other terms relating to the
Not Applicable
method of calculating interest for
Fixed Rate Notes:
PROVISIONS RELATING TO REDEMPTION
17. Call Option (Condition 6(d)):
Applicable
(i)
Optional Redemption Date(s):
December 16, 2021, December 16, 2022, December 16,
2023, December 16, 2024, December 16, 2025, December
16, 2026, December 16, 2027, December 16, 2028,
December 16, 2029, December 16, 2030, December 16,
2035, December 16, 2040 and December 16, 2045
(ii) Optional Redemption Amount(s)
EUR 100,000 per Specified Denomination
of each Note and method, if any,
of calculation of such amount(s):
(iii) Notice period:
Not less than five (5) London, New York and TARGET
Business Days prior to the relevant Optional Redemption
Date
18. Final Redemption Amount of each
EUR 100,000 per Specified Denomination
Note (Condition 6):
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)):
Bearer Notes:

Temporary Global Note exchangeable for a Permanent
Global Note on the Exchange Date

Exchange Date in respect of Temporary Global Note:
January 25, 2021
21. New Global Note:
Yes
22. Financial Centre(s) or other special
London, New York and TARGET
provisions relating to payment dates

(Condition 7(h)):


23. Talons for future Coupons or Receipts
Yes
to be attached to Definitive Notes (and
dates on which such Talons mature)
(Condition 7(g)):
24. Unmatured Coupons to become void
No
(Condition 7(f)):
25. Governing law (Condition 14):
English
26. Other final terms:
Not Applicable
DISTRIBUTION
27. (i) If syndicated, names of Managers Not Applicable

and underwriting commitments:
(ii) Stabilizing Manager(s) (if any):
Not Applicable
28. If non-syndicated, name of Dealer:
Merrill Lynch International
29. Total commission and concession:
Not Applicable
30. Additional Selling Restrictions:
Not Applicable
31. MiFID II product governance /
Directive 2014/65/EU (as amended, "MiFID II) product
Professional investors and ECPs target
governance / Professional investors and eligible
market:
counterparties ("ECPs") 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 and professional clients, each as
defined in MiFID II; 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, 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.
For the purposes of this provision, the term "manufacturer"
means the Dealer.
OPERATIONAL INFORMATION

32. ISIN Code:
XS2275018476
33. Common Code:
227501847
34. Delivery:
Delivery against payment


35. Intended to be held in a manner which
Yes
would allow Eurosystem eligibility:
Note that the designation "yes" simply means that the 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 ECB being
satisfied that Eurosystem eligibility criteria have been met.

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

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