Obligation IBRD-Global 0% ( US45905UDP66 ) en USD

IBRD-Global

100 % ⇌

Etats-unis

US45905UDP66 ( en USD )

15/04/2019 - Obligation échue

Prospectus brochure de l'obligation IBRD US45905UDP66 en USD 0%, échue

La Banque internationale pour la reconstruction et le développement (IBRD), membre du Groupe de la Banque mondiale, fournit des prêts et des services consultatifs aux pays à revenu intermédiaire et à revenu faible pour soutenir leur développement économique.

L'obligation US45905UDP66 émise par la Banque internationale pour la reconstruction et le développement (IBRD) aux États-Unis, libellée en USD, d'un taux d'intérêt de 0%, arrivée à échéance le 15/04/2019 avec une fréquence de paiement semestrielle, a été remboursée à 100% de sa valeur nominale.

PRICING SUPPLEMENT

INTERNATIONAL BANK FOR RECONSTRUCTION AND
DEVELOPMENT

Global Debt Issuance Facility
No. 2769
US$13,000,000
Callable Range Accrual Notes
due April 15, 2019

Morgan Stanley

The date of this Pricing Supplement is April 13, 2004

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 al 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.:
2769
2
Aggregate Principal Amount:
US$13,000,000
3
Issue Price:
100.00 per cent. of the Aggregate Principal
Amount
4
Issue Date:
April 15, 2004
5
Form of Notes (Condition 1(a)):
Registered Notes only
6
Authorized Denominations
US$1,000 and increments of US$1,000
(Condition 1(b)):
thereafter
7
Specified Currency (Condition 1(d)):
United States dollars ("US$")
8
Maturity Date (Conditions 1(a) and 6(a)):
April 15, 2019
9
Interest Basis (Condition 5):
Variable Interest Rate (Condition 5(II))

10
Basis of Calculation of Variable Interest

Rate and Interest Payment Dates and
default interest where Condition 5(II)(b)(i)
to (vii), 5(II)(c), 5(II)(d) and 5(II)(e) do not
apply (Condition 5(II)(b)):
(a)
Calculation of Interest Amounts:
The Interest Amount per Authorized
Denomination shall be determined by the
Calculation Agent in accordance with the
following formula:
7.15% x N/365 x Authorized Denomination
Where:
"N" is the total number of days in respect of
each relevant Interest Period on which the
Reference Rate is within the Accrual Range,
as determined by the Calculation Agent.

"Reference Rate" for any day in the Interest
Period means 6 month US$ LIBOR, being the
/
1

rate for deposits in US$ for a period of six
months which appears on the
Moneyline/Telerate Page 3750 (or such other
page that may replace that page on that
service or a successor service) at 11.00 a.m.
London time on the fifth Relevant Business
Day prior to such day.
If such rate does not appear at the time and
day designated above in respect of any day in
the Interest Period, the Calculation Agent
shall determine the Relevant Rate by
requesting the principal London office of each
of four major banks in the London interbank
market (the "Reference Banks") to provide a
quotation for the rate at which deposits in
US$ dollars were offered to prime banks in
the London interbank market for a period of 6
months at approximately 11:00 a.m. London
time on the fifth Relevant Business Day prior
to such day. If at least two such quotations
are provided, the Relevant Rate will be the
arithmetic mean of the quotations.
If only one such quotation is provided, the
Calculation Agent may determine that such
quotation shal be the Relevant Rate. If no
such quotations are provided, and the
Calculation Agent determines in its sole
discretion that no suitable replacement
Reference Banks who are prepared to quote
are available, the Calculation Agent shall be
entitled to calculate the Relevant Rate in its
sole discretion, acting in good faith and in a
commercially reasonable manner.

"Accrual Range" means:
for each Interest Period within the period from
and including April 15, 2004 to but excluding
the Maturity Date, equal to or greater than
zero per cent. but less than or equal to 7.50
per cent.;
Rounding
In applying the formula described above in
respect of the Interest Amount, the
Calculation Agent shall round the result of:
7.15% x N/365
to the nearest one-hundred thousandth of one
per cent. prior to multiplying that result by the
//
2

Authorized Denomination.
(b) Interest
Payment
Dates:
April 15 and October 15 of each year

commencing on October 15, 2004 and ending
on the Maturity Date
(c)
Variable Rate Day Count Fraction: Actual/365 (meaning the actual number of
days in the relevant Interest Period divided by
365)
(d) Calculation
Agent:
Citibank, N.A.
11
Relevant Financial Centre:
New York
12
Relevant Business Day:
New York and London

13
Issuer's Optional Redemption
Yes
(Condition 6(e)):
(a)
Notice Period:
Not less than 10 Relevant Business Days
(b)
Amount:
Al and not less than al
(c)
Date(s):
Each Interest Payment Date commencing on
April 15, 2005 and ending on October 15,
2018
(d) Early
Redemption
Amount:
Principal amount of the Notes to be
redeemed
(e)
Notices:
As long as the Notes are represented by a
DTC Global Note and the DTC Global Note is
being held on behalf of a clearing system,
notwithstanding Condition 13, notices to
Noteholders may be given by delivery of the
relevant notice to that clearing system for
communication by it to entitled
accountholders, provided that so long as the
Notes are listed on the Luxembourg Stock
Exchange, and the rules of the exchange so
require, notice shall be published in a leading
daily newspaper in either the French or
German language and of general circulation
in Luxembourg

Any notice delivered to a clearing system in
accordance with the preceding sentence shall
be deemed to have been given to the
Noteholders on the day on which such notice
is delivered to the clearing system
//
3

14
Redemption at the option of the
No
Noteholders (Condition 6(f)):
15
Long Maturity Note (Condition 7(f)):
No
16
Talons for Future Coupons to be attached No
to Definitive Bearer Notes (Condition
7(h)):
17
Early Redemption Amount (including Principal amount of the Notes to be
accrued interest, if applicable) (Condition redeemed plus accrued interest thereon
9):
18
Governing Law of the Notes:
English

Other Relevant Terms
1
Listing (if yes, specify Stock Exchange Luxembourg Stock Exchange
Exchange):
2
Details of Clearance System approved by DTC, Clearstream Banking, société anonyme
the Bank and the Global Agent and and Euroclear Bank S.A./N.V., as operator of
Clearance and Settlement Procedures:
the Euroclear System. Payment for the Notes
will be on a delivery versus payment basis
3
Syndicated:
No
4
Commissions and Concessions:
None
5
Codes:

(a) CUSIP
45905UDP6
(b) ISIN
US45905UDP66
(c) Common
Code
019048896
6
Identity of Dealer(s)/Manager(s):
Morgan Stanley & Co. International Limited
7
Provisions for Registered Notes:

(a) Individual
Definitive
Registered
No. Interests in the DTC Global Note will be
Notes Available on Issue Date:
exchangeable for Definitive Registered Notes
only in the limited circumstances described in
the Prospectus
(b)
DTC Global Note(s):
Yes; one
(c)
Other Registered Global Notes:
No

General Information
The Bank's latest Information Statement was issued on September 15, 2003.
The following additional selling restrictions shall apply to the issue:
//
4

United Kingdom:
Each Dealer is required to comply with al
applicable provisions of the Financial Services
and Markets Act 2000 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:
Authorized Officer

//
5

INTERNATIONAL BANK FOR
RECONSTRUCTION AND DEVELOPMENT
1818 H Street, NW
Washington, D.C. 20433

GLOBAL AGENT
Citibank, N.A.
P.O. Box 18055
5 Carmelite Street
London EC4Y 0PA

CALCULATION AGENT
Citibank, N.A.
P.O. Box 18055
5 Carmelite Street
London EC4Y 0PA

LISTING AND SPECIAL AGENT
AND PAYING AGENT
BNP Paribas Securities Services
23, Avenue de la Porte-Neuve
L-2085 Luxembourg

LEGAL ADVISERS TO THE MANAGER
Linklaters
One Silk Street
London EC2Y 8HQ

//
6