Obligation Intl Bk Renewal & Dev 1.9% ( CA459058DR15 ) en CAD

Intl Bk Renewal & Dev

100 % ⇌

Etats-unis

CA459058DR15 ( en CAD )

1.9% par an ( paiement annuel )

30/05/2019 - Obligation échue

Prospectus brochure de l'obligation Intl Bk Recon & Develop CA459058DR15 en CAD 1.9%, échue

/

1 000 000 000 CAD

Intl Bk Recon & Develop est une société spécialisée dans la reconstruction et le développement bancaire, offrant des services d'expertise et de conseil pour la restructuration d'institutions financières en difficulté et le développement de nouvelles structures bancaires.

L'obligation CA459058DR15 émise par Intl Bk Recon & Develop aux États-Unis, libellée en CAD, d'un montant total de 1 000 000 000, avec un taux d'intérêt de 1,9 % et une échéance au 30/05/2019, a été remboursée à son prix de marché de 100 % à maturité, les paiements d'intérêts ayant été effectués à une fréquence annuelle.

Final Terms dated May 28, 2014
International Bank for Reconstruction and Development

Issue of CAD 1,000,000,000 1.875 per cent. Fixed Rate Notes due May 30, 2019

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:
11083

(ii) Tranche Number:
1
3.
Specified Currency or Currencies
Canadian Dollars ("CAD")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i) Series:
CAD1,000,000,000

(ii) Tranche:
CAD1,000,000,000
5.
(i) Issue Price:
99.605 per cent. of the Aggregate Nominal Amount

(ii) Net proceeds:
CAD994,800,000
6.
Specified Denominations
CAD1,000 and multiples thereof
(Condition 1(b)):
7.
Issue Date:
May 30, 2014
8.
Maturity Date (Condition 6(a)):
May 30, 2019
9.
Interest Basis (Condition 5):
1.875 per cent. Fixed Rate (further particulars specified below)
10.
Redemption/Payment Basis
Redemption at par
(Condition 6):
11.
Call/Put Options (Condition 6):
Not Applicable
12.
Status of the Notes (Condition 3):
Unsecured and unsubordinated
13.
Listing:
Luxembourg Stock Exchange
14.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
15.
Fixed Rate Note Provisions
Applicable
(Condition 5(a)):

(i) Rate of Interest:
1.875 per cent. per annum payable semi-annually in arrear

(ii) Interest Payment Date(s):
May 30 and November 30 in each year from and including
November 30, 2014 to and including the Maturity Date

(iii) Fixed Coupon Amount:
CAD9.38 per minimum Specified Denomination

(iv) Broken Amount(s):
Not Applicable

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(v) Day Count Fraction
Actual/Actual (Canadian Compound Method), which means when
(Condition 5(1)):
calculating interest for a full semi-annual fixed rate interest period, the
day count convention is 30/360 and when calculating for a period that
is shorter than a full semi-annual fixed rate interest period, the day
count convention is Actual/365 (Fixed).

(vi) Other terms relating to the
Not Applicable
method of calculating
interest for Fixed Rate Notes:
PROVISIONS RELATING TO REDEMPTION
16.
Final Redemption Amount of each CAD1,000 per minimum Specified Denomination
Note (Condition 6):
17.
Early Redemption Amount
As set out in the Conditions
(Condition 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
18.
Form of Notes (Condition 1(a)):
Registered Notes:

Global Registered Certificate available on Issue Date
19.
New Global Note:
No
20.
Financial Centre(s) or other
London, Toronto and New York
special provisions relating to
payment dates (Condition 7(h)):
21.
Governing law (Condition 14):
New York
22.
Other final terms:
See Appendix 1 attached hereto.
DISTRIBUTION
23.
(i) If syndicated, names of
The Toronto-Dominion Bank
$492,500.000.00
Managers and underwriting
Bank of Montreal, London Bra nch
$492,500,000.00
commitments:
Scotia Capital Inc.
$5,000,000.00
RBC Europe Limited
$5,000,000.00
CIBC World Markets plc
$5,000,000.00
(collectively, the "Dealers").

(ii) Stabilizing Manager(s) (if
Not Applicable
any):
24.
If non-syndicated, name of Dealer: Not Applicable
25.
Total commission and concession;
Combined management and underwriting commission of 0.125 per
cent. of the Aggregate Nominal Amount
26.
Additional selling restrictions:
Each of the Dealers has acknowledged, represented and agreed that it
will not distribute or deliver the Prospectus, or any other offering
material in connection with any offering of Notes into Canada, other
than in compliance with the applicable securities laws or regulations
of Canada or of any province or territory thereof.
OPERATIONAL INFORMATION
27.
ISIN Code:
CA459058DR15
28.
Common Code:
107306552
29.
CUSIP:
459058DR1

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30.
Any clearing system(s) other than
CDS Clearing and Depository Services Inc. ("CDS") and through
Euroclear Bank S.A./N.V,
direct or indirect participants in CDS: DTC, Clearstream Banking
Clearstream Banking, société
société anonyme and Euroclear Bank S.A./N.V.
anonyme and The Depository
Trust Company and the relevant
identification number(s):
31.
Delivery:
Delivery free of 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 18, 2013.
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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Appendix 1
ADDITIONAL INFORMATION REGARDING THE NOTES
Form, Denomination and Title
The Notes will be issued in registered form, represented by a registered global note certificate registered in the name
of CDS & CO., as nominee of CDS Clearing & Depository Services Inc. ("CDS") and held by CDS (the "Global
Note") substantially in the form set out in Exhibit G to the Amended and Restated Agency Agreement dated as of
May 28, 2008 made between the Issuer and Citibank, N.A., London Branch as global agent (the "Global Agent") for
the holders of the Notes, as supplemented (the "Agency Agreement"). Beneficial interests in the Notes will be
represented through book-entry accounts of financial institutions acting on behalf of beneficial owners as direct and
indirect participants in CDS. Investors may elect to hold interests in the Notes directly through any of CDS (in
Canada), The Depository Trust Company ("DTC") (in the United States) or Clearstream, Luxembourg or Euroclear
(in Europe) if they are participants of such systems, or indirectly through organisations which are participants in
such systems. DTC will hold interests on behalf of its participants directly through its account with CDS,
Clearstream, Luxembourg and Euroclear will hold interests in the Notes on behalf of their participants through
customers' securities accounts in their respective names on the books of their respective Canadian subcustodians,
each of which is a Canadian schedule I chartered bank ("Canadian Subcustodians"), which in turn will hold such
interests in customers' securities accounts in the names of the Canadian Subcustodians on the books of CDS.
Neither the Issuer nor the Dealer will assume any liability for: (a) any aspect of the records relating to the beneficial
ownership of the Notes held by CDS or the payments relating thereto; (b) maintaining, supervising or reviewing any
records relating to the Notes; or (c) any advice or representation made by or with respect to CDS and contained in
these Final Terms and relating to the rules governing CDS or any action to be taken by CDS or at the direction of its
participants. The rules governing CDS provide that it acts as the agent and depositary for the CDS participants. As a
result, CDS participants must look solely to CDS and beneficial owners must look solely to CDS participants for the
interest payments payable by or on behalf of the Issuer to CDS with respect to the Notes.
Except in the limited circumstances described below under "Definitive Notes", owners of beneficial interests in the
Notes will not be entitled to have Notes registered in their names, will not receive or be entitled to receive physical
delivery of Notes in definitive form and will not be considered owners or holders thereof under the Agency
Agreement.
All Notes will be recorded in a register maintained by the Registrar and will be registered in the name of CDS & CO.
(or such other nominee of CDS as an authorised representative of CDS may advise) for the benefit of owners of
beneficial interests in the Notes, including participants of Clearstream, Luxembourg and Euroclear.
For so long as any of the Notes are represented by the registered global note certificate, the Issuer, the Global Agent,
the Registrar, and the Paying Agent shall treat CDS & CO., or any other nominee appointed by CDS, as the sole
owner or holder of such Notes for all purposes under the Agency Agreement. Principal and interest payments on the
Notes registered in the name of CDS & CO., or any other nominee appointed by CDS, will be made on behalf of the
Issuer to CDS & CO., or any other nominee appointed by CDS and CDS or such nominee will distribute the payment
received.
Secondary market trading between CDS participants will be in accordance with market conventions applicable to
transactions in book-based Canadian domestic bonds. Secondary market trading between DTC participants will
occur in the ordinary way in accordance with DTC rules. Secondary market trading between Euroclear participants
and Clearstream participants will occur in the ordinary way in accordance with the applicable rules and operating
procedures of Euroclear and Clearstream and will be settled using the procedures applicable to conventional
Eurobonds, in immediately available funds.
Links have been established among CDS, DTC, Clearstream and Euroclear to facilitate the initial issuance of the
Notes and cross-market transfers of the Notes associated with secondary market trading. CDS will be directly linked
to DTC. CDS will be linked to Euroclear and Clearstream through the CDS accounts of the respective Canadian
Subcustodians of Clearstream and Euroclear.

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Cross-market transfers between persons holding directly or indirectly through CDS participants, on the one hand,
and directly or indirectly through DTC, Clearstream and Euroclear participants, on the other, will be effected in CDS
in accordance with CDS rules; however, such cross-market transactions will require delivery of instructions to the
relevant clearing system by the counterparty in such system in accordance with its rules and procedures and within
its established deadlines. The relevant clearing system will, if the transaction meets its settlement requirements,
deliver instructions to CDS directly or through its Canadian Subcustodian to take action to effect final settlement on
its behalf by delivering or receiving Notes in CDS, and making or receiving payment in accordance with normal
procedures for settlement in CDS. DTC participants, Clearstream and Euroclear participants may not deliver
instructions directly to CDS or the Canadian Subcustodians.
Because of time-zone differences, credits of notes received in Clearstream or Euroclear as a result of a transaction
with a CDS participant will be made during subsequent securities settlement processing and dated the business day
following the CDS settlement date. Such credits or any transactions in such notes settled during such processing will
be reported to the relevant Euroclear participants or Clearstream participants on such business day. Cash received in
Clearstream or Euroclear as a result of sales of Notes by or through a Euroclear participant or a Clearstream
participant to a CDS participant will be received with value on the CDS settlement date but will be available in the
relevant Euroclear or Clearstream cash account only as of the business day following settlement in CDS.
Cross-market transfers between Clearstream, Luxembourg, Euroclear and DTC participants will be effected in CDS.
When Notes are to be transferred from the account of a DTC participant to the account of a Clearstream participant
or Euroclear participant, the DTC participant will transmit instructions to DTC on the settlement date. The
Clearstream participant or Euroclear participant will transmit instructions to Clearstream or Euroclear at least one
business day prior to the settlement date. One business day prior to the settlement date Clearstream, and on the
settlement date Euroclear, will transmit trade instructions to its respective Canadian Subcustodian. The beneficial
interests in the Notes and payments for such beneficial interests will be transferred in CDS by DTC and the respective
Canadian Subcustodians for Clearstream and Euroclear.
Definitive Notes
No beneficial owner of the Notes will be entitled to receive physical delivery of the Notes (represented by an
unrestricted individual note certificate) except in the limited circumstances set out in the Global Note, and in the
circumstance described below.
If the Notes (represented by the unrestricted global note certificate) are held by or on behalf of CDS and (i) CDS has
notified the Issuer that it is unwilling or unable to continue to act as a depository for the Notes and a successor
depository is not appointed by the Issuer within 90 working days after receiving such notice; or (ii) CDS ceases to be
a recognised clearing agency under the Securities Act (Ontario) or a self-regulatory organisation under the Securities
Act (Québec) or other applicable Canadian securities legislation and no successor clearing system satisfactory to the
Issuer is available within 90 working days after the Issuer becoming aware that CDS is no longer so recognised.
The information in this section concerning CDS, DTC, Euroclear and Clearstream has been obtained from sources the
Issuer believes to be reliable, but the Issuer takes no responsibility for the accuracy thereof. CDS may change or
discontinue any of the foregoing procedures at any time.