Obligation IBRD-Global 2.3% ( US45906M3C38 ) en USD

IBRD-Global

100 % ▲

Etas-Unis

US45906M3C38 ( en USD )

2.3% par an ( paiement semestriel )

27/03/2024 - Obligation échue

Prospectus brochure de l'obligation IBRD US45906M3C38 en USD 2.3%, échue

1 000 USD

1 000 000 000 USD

45906M3C3

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 émise par IBRD-Global ( Etas-Unis ) , en USD, avec le code ISIN US45906M3C38, paye un coupon de 2.3% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 27/03/2024

EXECUTION VERSION
Final Terms dated March 24, 2022
International Bank for Reconstruction and Development

Issue of US$1,000,000,000 2.250 per cent. Notes due March 28, 2024

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 September 24, 2021. This
document constitutes the Final Terms of the Notes described herein and must be read in
conjunction with such Prospectus.
MiFID II product governance / Retail investors, professional investors and ECPs target market See
Term 28 below.
UK MiFIR product governance / Retail investors, professional investors and ECPs target market
See Term 29 below.
SUMMARY OF THE NOTES
1. Issuer:
International Bank for Reconstruction and Development
("IBRD")
2. (i)
Series number:
101525
(ii)
Tranche number:
1
3. Specified Currency or Currencies
United States Dollars ("US$")
(Condition 1(d)):
4. Aggregate Nominal Amount
(i)
Series:
US$1,000,000,000
(ii)
Tranche:
US$1,000,000,000
5.
(i)
Issue Price:
99.922 per cent. of the Aggregate Nominal Amount
(ii)
Net proceeds:
US$998,470,000
6. Specified Denominations (Condition US$1,000 and integral multiples thereof
1(b)):
7. Issue Date:
March 29, 2022
8. Maturity Date (Condition 6(a)):
March 28, 2024
9. Interest basis (Condition 5):
2.250 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
4879-7516-4440 v.2

EXECUTION VERSION
13.
Status of the Notes (Condition 3):
Unsecured and unsubordinated
14.
Listing:
Luxembourg Stock Exchange
15.
Method of distribution:
Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note provisions
Applicable
(Condition 5(a)):
(i)
Rate of Interest:
2.250 per cent. per annum payable semi-annually in arrear
(ii)
Interest Payment Date(s):
March 28 and September 28 of each year, from and including
September 28, 2022, to and including the Maturity Date, 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
30/360
(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
US$1,000 per minimum 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)):
Fed Bookentry Notes:
Fed Bookentry Notes available on Issue Date
20.
New Global Note / New Safekeeping No
Structure:
21. Financial Centre(s) or other special
New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
New York
23. Other final terms:
Not Applicable
4879-7516-4440 v.2

EXECUTION VERSION
DISTRIBUTION
24.
(i)
If syndicated, names of
Deutsche Bank AG, London Branch
US$217,500,000
Managers and underwriting Merrill Lynch International
US$217,500,000
commitments:
Goldman Sachs International
US$217,500,000
J.P. Morgan Securities plc
US$217,500,000
CastleOak Securities, L.P.
US$58,000,000
Scotiabank Europe plc
US$44,000,000
Barclays Bank PLC
US$2,000,000
BMO Capital Markets Corp.
US$2,000,000
BNP Paribas
US$2,000,000
Citigroup Global Markets Limited
US$2,000,000
Crédit Agricole Corporate and
US$2,000,000
Investment Bank
Daiwa Capital Markets Europe
US$2,000,000
Limited
HSBC Bank plc
US$2,000,000
ICBC Standard Bank Plc
US$2,000,000
Morgan Stanley & Co. International
US$2,000,000
plc
National Bank Financial Inc.
US$2,000,000
Nomura International plc
US$2,000,000
RBC Capital Markets, LLC
US$2,000,000
The Toronto-Dominion Bank
US$2,000,000
Wells Fargo Securities, LLC
US$2,000,000
All sales of Notes in the U.S. will be made by or through
U.S.-registered broker-dealers. ICBC Standard Bank Plc is
restricted in its U.S. securities dealings under the United
States Bank Holding Company Act and may not underwrite,
subscribe, agree to purchase or procure purchasers to
purchase securities that are offered or sold in the United
States. Accordingly, ICBC Standard Bank Plc shall not be
obligated to, and shall not, underwrite, subscribe, agree to
purchase or procure purchasers to purchase Notes constituting
part of its allotment that may be offered or sold by other
underwriters in the United States. ICBC Standard Bank Plc
shall offer and sell Notes constituting part of its allotment
solely outside the United States.
(ii)
Stabilizing Manager(s) (if Not Applicable
any):
25. If non-syndicated, name of Dealer:
Not Applicable
26. Total commission and concession:
0.075 per cent. of the Aggregate Nominal Amount
27. Additional selling restrictions:
Not Applicable
4879-7516-4440 v.2

EXECUTION VERSION
28.
MiFID II product governance /
Directive 2014/65/EU (as amended, "MiFID II") product
Retail investors, professional
governance / Retail investors, professional investors and
investors and ECPs target market:
ECPs 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 ECPs, professional clients and retail clients,
each as defined in MiFID II; and (ii) all channels for
distribution of the Notes are appropriate. Any person
subsequently offering, selling or recommending the Notes (a
"distributor") should take into consideration the
manufacturer's target market assessment; however, a
distributor subject to MiFID II 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
Deutsche Bank AG, London Branch and Goldman Sachs
International.
IBRD does not fall under the scope of application of MiFID
II. Consequently, IBRD does not qualify as an "investment
firm", "manufacturer" or "distributor" for the purposes of
MiFID II.
29. UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of domestic
Retail investors, professional
law by virtue of the European Union (Withdrawal) Act
investors and ECPs target market:
2018 ("UK MiFIR") product governance / Retail investors,
professional investors and ECPs target market:
Solely for the purposes of the manufacturers' 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 eligible counterparties (as defined in the
United Kingdom Financial Conduct Authority (the "FCA")
Handbook Conduct of Business Sourcebook ("COBS")),
professional clients (as defined in UK MiFIR) and retail
clients (as defined in point (8) of Article 2 of Regulation
(EU) No 2017/565 as it forms part of domestic law by virtue
of the European Union (Withdrawal) Act 2018); and (ii) all
channels for distribution of the Notes are appropriate. Any
person subsequently offering, selling or recommending the
Notes (a "distributor") should take into consideration the
manufacturers' 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 manufacturers'
target market assessment) and determining appropriate
distribution channels.
4879-7516-4440 v.2

EXECUTION VERSION
For the purposes of this Term 29, "manufacturers" means
Deutsche Bank AG, London Branch, Goldman Sachs
International, Merrill Lynch International and J.P. Morgan
Securities plc.
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
30.
Legal Entity Identifier of the Issuer:
ZTMSNXROF84AHWJNKQ93
31.
ISIN Code:
US45906M3C38
32.
Common Code:
246292299
33.
CUSIP:
45906M3C3
34.
Any clearing system(s) other than
Bookentry system of the Federal Reserve Banks
Euroclear Bank SA/NV, Clearstream
Banking, S.A. and The Depository
Trust Company and the relevant
identification number(s):
35.
Delivery:
Delivery versus payment
36.
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 22, 2021.
SUPPLEMENTAL PROSPECTUS INFORMATION
The Prospectus is hereby supplemented with the following information, which shall be deemed to be
incorporated in, and to form part of, the Prospectus.
The Dealers are represented by Sullivan & Cromwell LLP. From time to time Sullivan & Cromwell
LLP performs legal services for IBRD.
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:
..........................................................