Obbligazione IBRD-Global 12.5% ( XS2377349043 ) in HKD

Emittente IBRD-Global
Prezzo di mercato 100 HKD  ⇌ 
Paese  Stati Uniti
Codice isin  XS2377349043 ( in HKD )
Tasso d'interesse 12.5% per anno ( pagato 1 volta l'anno)
Scadenza 23/08/2023 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione IBRD XS2377349043 in HKD 12.5%, scaduta


Importo minimo 1 000 000 HKD
Importo totale 500 000 000 HKD
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.

L'obbligazione XS2377349043 emessa da IBRD negli Stati Uniti, denominata in HKD, con un tasso di interesse del 12,5%, un valore nominale totale di 500.000.000 HKD, una dimensione minima di lotto di 1.000.000 HKD, scadenza il 23/08/2023 e frequenza di pagamento degli interessi annuale, è giunta a scadenza ed è stata rimborsata al prezzo del 100%.







Final Terms dated 18 August 2021
International Bank for Reconstruction and Development
Issue of HKD 500,000,000 0.125 per cent. Notes due 23 August 2023
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.
UK MiFIR product governance / Professional investors and ECPs target market ­ See
Term 28 below.
SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101391
(ii)
Tranche Number:
1
3.
Specified Currency or Currencies
Hong Kong Dollar ("HKD")
(Condition 1(d)):
4.
Aggregate Nominal Amount:
(i)
Series:
HKD 500,000,000
(ii)
Tranche:
HKD 500,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii)
Net Proceeds:
HKD 500,000,000
6.
Specified Denominations
HKD 1,000,000
(Condition 1(b)):
7.
Issue Date:
23 August 2021
8.
Maturity Date (Condition 6(a)):
23 August 2023
9.
Interest Basis (Condition 5):
0.125 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
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PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i)
Rate of Interest:
0.125 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
23 August 2022 and 23 August 2023, 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/365 (Fixed)
(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
HKD 1,000,000 per 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
Hong Kong, London and New York
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:
Merrill Lynch International
26. Total commission and concession:
Not Applicable
27. Additional selling restrictions:
Not Applicable

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28. UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of domestic
Professional investors and ECPs
law by virtue of the European Union (Withdrawal) Act
target market:
2018 ("UK MiFIR") product governance / Professional
investors and ECPs only 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
only eligible counterparties (as defined in the United
Kingdom Financial Conduct Authority (the "FCA")
Handbook Conduct of Business Sourcebook ("COBS")),
and professional clients (as defined in UK MiFIR); 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, each
distributor subject to the FCA Handbook Product
Intervention and Product Governance Sourcebook (the UK
MiFIR Product Governance Rules) 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 Term 28, "manufacturer" means the
Dealer.
IBRD does not fall under the scope of application of UK
MiFIR. Consequently, IBRD does not qualify as an
"investment firm", "manufacturer" or "distributor" for the
purposes of UK MiFIR.
OPERATIONAL INFORMATION
29. ISIN Code:
XS2377349043
30. Common Code:
237734904
31. Delivery:
Delivery against payment
32. Registrar and Transfer Agent
Citibank, N.A., London Branch
(if 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.
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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 Eligible Sustainable
Development Projects.
"Eligible Sustainable Development Projects" means projects, programs and activities in IBRD's
member countries designed to achieve positive social and environmental impacts and outcomes in
line with IBRD's twin goals of eliminating extreme poverty and promoting shared prosperity.
Eligible Sustainable Development Projects undergo a rigorous review and internal approval process
which integrates IBRD's sustainability policies and environmental and social requirements.
IBRD's sustainable development bond framework ("SDBF"), as published from time to time,
describes the process for selecting, evaluating and reporting on Eligible Sustainable Development
Projects and contains descriptions and examples of such eligible projects.
The net proceeds from the sale of the Notes are not committed or earmarked for the lending to, or
financing of, any particular Eligible Sustainable Development Projects. Returns on Notes are not
linked to the performance of any particular Eligible Sustainable Development Projects. Prior to
use, the net proceeds from the sale of the Notes will be invested by IBRD's Treasury in accordance
with IBRD's liquid asset management investment policies. 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). The SDBF and the information set forth therein are not a part of, or incorporated by
reference into, the Prospectus.
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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