Obbligazione IBRD-Global 12.3% ( XS0379219719 ) in BRL

Emittente IBRD-Global
Prezzo di mercato 100 BRL  ▼ 
Paese  Stati Uniti
Codice isin  XS0379219719 ( in BRL )
Tasso d'interesse 12.3% per anno ( pagato 1 volta l'anno)
Scadenza 04/08/2010 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione IBRD XS0379219719 in BRL 12.3%, scaduta


Importo minimo /
Importo totale 100 000 000 BRL
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 BRL, with the ISIN code XS0379219719, pays a coupon of 12.3% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 04/08/2010







Final Terms dated July 30, 2008
International Bank for Reconstruction and Development

Issue of BRL100,000,000 12.25 per cent. Notes due August 4, 2010
payable in United States Dollars
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:
10071
(ii) Tranche Number:
1
3. Specified Currency or Currencies
Brazilian Real ("BRL") provided that all payments in
(Condition 1(d)):
respect of the Notes will be made in United States Dollars
("USD")
4. Aggregate Nominal Amount:

(i) Series:
BRL100,000,000
(ii) Tranche:
BRL100,000,000
5. (i) Issue Price:
100.745 per cent. of the Aggregate Nominal Amount
(ii) Net proceeds:
BRL99,620,000.00 (equivalent to USD62,851,735.02 at the
USD/BRL FX Rate of 1.585)
6. Specified Denomination
BRL2,000
(Condition 1(b)):
7. Issue Date:
August 4, 2008
8. Maturity Date (Condition 6(a)):
August 4, 2010
9. Interest Basis (Condition 5):
12.25 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

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:
12.25 per cent. per annum payable annually in arrear

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(ii) Interest Payment Dates:
August 4, 2009 and August 4, 2010
(iii) Fixed Coupon Amount:
BRL245 per Specified Denomination.
The Calculation Agent will calculate the Fixed Coupon
Amount per Specified Denomination for the relevant Interest
Period, payable in USD, by applying the following formula:
(Rate of Interest multiplied by Specified Denomination)
divided by BRL Rate (as defined in Term 17 below),
multiplying the result of this division by the Day Count
Fraction
(iv) Broken Amount(s):
Not Applicable
(v) Day Count Fraction
Actual/Actual (ICMA).
(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 The Final Redemption Amount per Specified Denomination
Note (Condition 6):
will be payable in USD and determined by the Calculation
Agent as follows, on the BRL Valuation Date prior to the
Maturity Date:
Specified
Denomination
divided by BRL Rate
Where:

"Calculation Agent" means Citibank, N.A., London Branch

"BRL Rate" means, in respect of a BRL Valuation Date, the
BRL/USD exchange rate, expressed as the amount of BRL
per one USD:
(a) determined by the Calculation Agent on the relevant
BRL Valuation Date by reference to the applicable BRL-
PTAX Rate; or
(b) in the event that the BRL-PTAX Rate is not available on
the applicable BRL Valuation Date, determined by the
Calculation Agent on the relevant BRL Valuation Date by
reference to the applicable EMTA BRL Industry Survey
Rate (if such rate is available); or
(c) in the event that both the BRL-PTAX Rate and the
EMTA BRL Industry Survey Rate are not available on the
applicable BRL Valuation Date, determined by the
Calculation Agent on the relevant BRL Valuation Date in
good faith and in a commercially reasonable manner, having
taken into account relevant market practice, provided that:
(i) if, on the applicable BRL Valuation Date, the
Calculation Agent determines that a Price Materiality
has occurred on such BRL Valuation Date, the BRL
Rate will be the EMTA BRL Industry Survey Rate
applicable in respect of such BRL Valuation Date; and
(ii) if, on the applicable BRL Valuation Date, the
Calculation Agent determines that an EMTA Failure
has occurred on such BRL Valuation Date, the BRL
Rate will be determined by the Calculation Agent in
good faith and in a commercially reasonable manner,
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having taken into account relevant market practice.

"BRL-PTAX Rate" means, in respect of a BRL Valuation
Date, the BRL/USD offered rate for USD, expressed as the
amount of BRL per one USD, for settlement in two New
York and São Paulo Business Days reported by the Banco
Central do Brasil on SISBACEN Data System under
transaction code PTAX-800 ("Consulta de Cambio" or
Exchange Rate Inquiry), Option 5 ("Cotacões para
Contabilidade" or Rates for Accounting Purposes) by
approximately 8:30 p.m. São Paulo time on such BRL
Valuation Date.

"BRL Valuation Date" for any Interest Payment Date or the
Maturity Date or date on which an amount is payable means
the fifth São Paulo Business Day prior to such date,
provided however that if such date is an Unscheduled
Holiday, the BRL Valuation Date shall be the next following
Business Day.

"EMTA BRL Industry Survey Methodology" means a
methodology, dated as of March 1, 2004, as amended from
time to time, for a centralised industry-wide survey of
financial institutions in Brazil that are active participants in
the BRL/USD spot markets for the purposes of determining
the EMTA BRL Industry Survey Rate.

"EMTA BRL Industry Survey Rate" means the foreign
exchange rate as specified in the ISDA 1998 FX and
Currency Option Definitions (as updated from time to time)
­ Settlement Rate Options: "EMTA BRL Industry Survey
Rate (BRL12)", meaning that the spot rate for a BRL
Valuation Date will be the BRL/USD offered rate for USD,
expressed as the amount of BRL per one USD, for
settlement in two New York and São Paulo Business Days,
calculated by EMTA (or a service provider EMTA may in its
sole discretion select) pursuant to the EMTA BRL Industry
Survey Methodology and published on EMTA's website
(www.emta.org) at approximately 3:45p.m. São Paulo time
or as soon thereafter as practicable on such BRL Valuation
Date.

"EMTA Failure" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate, having
been requested as prescribed by EMTA, is not available for
any reason. For the avoidance of doubt, an EMTA Failure
may still occur notwithstanding that the BRL-PTAX Rate is
available on the applicable BRL Valuation Date.

"Price Materiality" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate is available
on such date and that the BRL-PTAX Rate differs from the
EMTA BRL Industry Survey Rate by more than 3 per cent.

"Unscheduled Holiday" means a day that is not a São Paulo
Business Day and the market was not aware of such fact (by
means of a public announcement or by reference to other
publicly available information) until a time later than 9:00
a.m. local time in São Paulo two relevant Business Days
prior to the relevant BRL Valuation Date.
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18. Early Redemption Amount
The Final Redemption Amount as determined in accordance
(Condition 6(c)):
with Term 17 above plus accrued interest, payable in United
States dollars.
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 São Paulo, New York and London
provisions relating to payment
dates (Condition 7(h)):
22. Talons for future Coupons or
Not Applicable
Receipts to be attached to
Definitive Notes (and dates on
which such Talons mature)
(Condition 7(g)):
23. Unmatured Coupons to become
No
void (Condition 7(f)):
24. Governing law (Condition 14):
English
25. Other final terms:
Not Applicable
DISTRIBUTION
26. (i) If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii) Stabilizing
Manager(s)
(if
Not Applicable
any):
27. If non-syndicated, name of Dealer: J.P. Morgan Securities Ltd.
28. Total commission and concession:
1.125 per cent. of the Aggregate Nominal Amount
29. Additional selling restrictions:
Brazil
The Dealer has acknowledged that the Notes may not be
offered or sold to the public in Brazil and that accordingly,
the offering of the Notes has not been submitted to the
Brazilian Securities and Exchange Commission (Commisáo
de Valores Mobilários, the CVM) for approval. The Dealer
has represented and agreed that documents relating to such
offering, as well as the information contained herein and
therein, may not be supplied to the public, as a public
offering in Brazil or be used in connection with any offer for
subscription or sale to the public in Brazil.
OPERATIONAL INFORMATION

30. ISIN Code:
XS0379219719
31. Common Code:
037921971
32. Delivery: Delivery
against
payment
33. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):



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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 14, 2007.
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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