Bond IBRD-Global 1.3% ( XS2317058720 ) in NOK

IBRD-Global

98.62 % ▲

United States

XS2317058720 ( in NOK )

1.3% per year ( payment 1 time a year)

15/03/2026

Prospectus brochure of the bond IBRD XS2317058720 en NOK 1.3%, maturity 15/03/2026

16/03/2026 ( In 135 days )

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 NOK, with the ISIN code XS2317058720, pays a coupon of 1.3% per year.
The coupons are paid 1 time per year and the Bond maturity is 15/03/2026

Final Terms dated March 11, 2021

International Bank for Reconstruction and Development

Issue of NOK 3,000,000,000 1.25 per cent. Notes due March 16, 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.

MiFID II product governance / Retail investors, professional investors and ECPs target
markets See Term 28 below.
SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development
("IBRD")
2. (i) Series Number:
101343
(ii) Tranche Number:
1
3. Specified Currency or Currencies
Norwegian Krona ("NOK")
(Condition 1(d)):
4. Aggregate Nominal Amount:

(i) Series:
NOK 3,000,000,000
(ii) Tranche:
NOK 3,000,000,000
5. (i) Issue Price:
99.668 per cent. of the Aggregate Nominal Amount
(ii) Net proceeds:
NOK 2,990,040,000
6. Specified Denominations
NOK 10,000 and integral multiples thereof
(Condition 1(b)):
7. Issue Date:
March 16, 2021
8. Maturity Date (Condition 6(a)):
March 16, 2026
9. Interest Basis (Condition 5):
1.25 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:
1.25 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
March 16 of each year, from and including March 16, 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
NOK 10,000 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, New York City and Stockholm
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:
Skandinaviska Enskilda Banken AB (publ)
26. Total commission and concession:
Not Applicable
27. Additional selling restrictions:
Norway
The Notes shall not be offered or sold, directly or indirectly,
in the Kingdom of Norway or to residents of the Kingdom
of Norway and the Prospectus or any other offering material
relating to the Notes shall not be distributed in or from the
Kingdom of Norway other than to Norwegian entities with
permission from the Norwegian authorities to conduct
investment services.
28. 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 market:
eligible counterparties ("ECPs") target market: Solely
for the purpose 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.
For the purposes of this provision, "manufacturer" means
the Dealer.
OPERATIONAL INFORMATION
29. ISIN Code:
XS2317058720
30. Common Code:
231705872
31. Delivery:
Delivery against payment
32. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
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 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, programs or activities). 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 net loan revenues 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