Obbligazione IBRD-Global 11.3% ( XS0122962078 ) in ZAR

Emittente IBRD-Global
Prezzo di mercato 100 ZAR  ▼ 
Paese  Stati Uniti
Codice isin  XS0122962078 ( in ZAR )
Tasso d'interesse 11.3% per anno ( pagato 1 volta l'anno)
Scadenza 31/01/2011 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione IBRD XS0122962078 in ZAR 11.3%, scaduta


Importo minimo /
Importo totale 150 000 000 ZAR
Descrizione dettagliata La Banca Internazionale per la Ricostruzione e lo Sviluppo (IBRD), parte del Gruppo Banca Mondiale, fornisce prestiti a tassi agevolati a paesi a medio reddito per progetti di sviluppo.

The Obbligazione issued by IBRD-Global ( United States ) , in ZAR, with the ISIN code XS0122962078, pays a coupon of 11.3% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 31/01/2011







PRICING SUPPLEMENT

International Bank for Reconstruction and Development
Global Debt Issuance Facility
No. 877
South African Rand 150,000,000 11.25 per cent. Notes due January 31, 2011
RBC Dominion Securities
Banca Akros S.p.A.
Deutsche Bank
(Gruppo Banca Popolare di Milano)
ING Barings
UBM - UniCredit Banca Mobiliare
The date of this Pricing Supplement is 24th January, 2001


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This document ("Pricing Supplement") is issued to give details of an issue by International Bank for
Reconstruction and Development (the "Bank") under its Global Debt Issuance Facility.
This Pricing Supplement supplements the terms and conditions in, and incorporates by reference, the
Prospectus dated October 7, 1997 and all documents incorporated by reference therein (the
"Prospectus"), and should be read in conjunction with the Prospectus. Unless otherwise defined in
this Pricing Supplement, terms used herein have the same meaning as in the Prospectus.
Terms and Conditions
The following items under this heading "Terms and Conditions" are the particular terms which relate
to the issue the subject of this Pricing Supplement. These are the only terms which form part of the
form of Notes for such issue:
1.
No:
877
2.
Aggregate Principal Amount:
South African Rand 150,000,000
3.
Issue Price:
96.58 per cent.
4.
Issue Date:
January 29, 2001
5.
Form of Notes (Condition 1(a)):
Bearer only
6.
Authorised Denominations (Condition
1(b)):
South African Rand 5,000, 50,000, and
500,000
7.
Specified Currency (Condition 1(d)):
South African Rand
8.
Maturity Date:
January 31, 2011
9.
Interest Basis (Condition 5):
Fixed Interest Rate
10.
Fixed Interest Rate (Condition 5(I)):
(a)
Interest Rate:
11.25 per cent. per annum
(b)
Fixed Interest Payment Date(s):
January 31, 2001; January 31, 2002;
January 31, 2003; January 31, 2004;
January 31, 2005; January 31, 2006;
January 31, 2007; January 31, 2008;
January 31, 2009; January 31, 2010;
January 31, 2011.
There will be a short first coupon on January
31, 2001 paying interest from, and including,
January 29, 2001 to, but excluding, January
31, 2001.
For the avoidance of doubt, while the Notes
are represented by the Temporary Global
Note, subject to TEFRA D selling restrictions,
payments of interest due prior to the Exchange
Date (as defined in item 8(a) of Other
Relevant Terms below) will be made through
the Clearing Systems against presentation of


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the Temporary Global Note only to the extent
that certification as to the non-U.S. beneficial
ownership has been received through the
relevant Clearing System.
Accordingly, on delivery of the definitive
Notes, the first coupon will be cancelled.
(c)
Fixed Rate Day Count Fraction:
Actual/Actual
11.
Relevant Financial Center:
Johannesburg
12.
Relevant Business Day:
Johannesburg and London
13.
Issuer's Optional Redemption (Condition
6(e)):
No
14.
Redemption at the option of the
Noteholders (Condition 6(f)):
No
15.
Long Maturity Note (Condition 7(f)):
Yes
16.
Prescription (Condition 8):
(a)
Principal:
10 years
(b)
Interest:
5 years
17.
Governing Law:
English
Other Relevant Terms
1.
Listing (if yes, specify Stock Exchange):
Yes - Luxembourg Stock Exchange
2.
Details of Clearance System approved by
the Bank and the Global Agent and
Clearance and Settlement Procedures:
Clearstream Banking, société anonyme and
Euroclear S.A./N.V. as operator of the
Euroclear System.
References in the Terms and Conditions to
"Cedel Bank" shall be replaced by references
to "Clearstream Banking, société anonyme".
References in the Terms and Conditions to
"Morgan Guaranty Trust Company of New
York, Brussels Office" shall be replaced by
references to "Euroclear S.A./N.V."
3.
Syndicated:
Yes
4.
If Syndicated:
(a)
Liability:
Joint and several
(b)
Lead Manager:
Royal Bank of Canada Europe Limited


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(c)
Stabilising Manager:
Royal Bank of Canada Europe Limited
5.
Commissions and Concessions:
Combined management and underwriting
commission:
(i)
0.325 per cent. of the principal amount
of the Notes
Selling concession:
(i)
1.675 per cent. of the principal amount
of the Notes
6.
Codes:
(a)
Common Code:
12296207
(b)
ISIN:
XS0122962078
7.
Identity of Managers:
Royal Bank of Canada Europe Limited
Banca Akros S.p.A (Gruppo Banca
Popolare di Milano)
Deutsche Bank AG London
ING Bank N.V., London Branch
UniCredit Banca Mobiliare S.p.A.
8.
Provisions for Bearer Notes:
(a)
Exchange Date:
Not earlier than March 12, 2001.
(b)
Permanent Global Note:
No
(c)
Definitive Bearer Notes:
Yes
9.
Other Address at which Bank Information
available:
None
General Information
The Bank's latest Information Statement was issued on September 15, 2000.
The following additional selling restrictions apply to the issue:
1.
United States
TEFRA D Rules apply
The Notes are subject to United States tax law
restrictions. Notes may not be offered, sold or
delivered, directly or indirectly, within the
United States or to United States persons
except to the extent permitted in the Terms
Agreement.


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2.
Republic of South Africa
Each Manager has represented and agreed that
it has not offered or sold and will not offer or
sell, directly or indirectly, any Notes in the
Republic of South Africa or to persons resident
in the Republic of South Africa except in
accordance with South African Exchange
Control Regulations and in circumstances
which would not constitute an offer to the
public within the meaning of the South African
Companies Act, 1973 (as amended).
3.
United Kingdom:
Each Manager has represented and agreed that
it has complied and will comply with all
applicable provisions of the Financial Services
Act 1986 with respect to anything done by it
in relation to the Notes in, from or otherwise
involving the United Kingdom.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
By:
ICM:480388.4