Obligation IBRD-Global 6.8% ( XS0375649828 ) en CLP

IBRD-Global

100 % ⇌

Etats-unis

XS0375649828 ( en CLP )

6.8% par an ( paiement annuel )

01/07/2011 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0375649828 en CLP 6.8%, échue

25 000 000 000 CLP

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 ( Etats-unis ) , en CLP, avec le code ISIN XS0375649828, paye un coupon de 6.8% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 01/07/2011

Final Terms dated 10 July 2008
International Bank for Reconstruction and Development
Issue of CLP25,000,000,000 6.75 per cent. Notes due July 1, 2011
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:
10054
(ii) Tranche Number:
1
3. Specified Currency or Currencies
The lawful currency of Chile, the Chilean Peso ("CLP")
(Condition 1(d)):
provided that all payments in respect of the Notes will be
made in United States Dollars ("USD")
4. Aggregate Nominal Amount:

(i) Series:
CLP25,000,000,000
(ii) Tranche:
CLP25,000,000,000
5. (i) Issue Price:
99.748 per cent. of the Aggregate Nominal Amount
(ii) Net proceeds:
CLP24,912,000,000 (equivalent to USD48,814,515.81 at the
initial CLP/USD rate of 510.34)
6. Specified Denominations
CLP1,000,000
(Condition 1(b)):
7. Issue Date:
July 15, 2008
8. Maturity Date (Condition 6(a)):
July 1, 2011
9. Interest Basis (Condition 5):
6.75 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:
6.75 per cent. per annum

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(ii) Interest Payment Dates:
July 1, 2009, July 1, 2010 and July 1, 2011. There will be a
short first coupon in respect of the Interest Period from and
including the Issue Date, to but excluding July 1, 2009 - see
Term 16(iv) below.
(iii) Fixed Coupon Amount:
The Calculation Agent will calculate the amount of interest
(the "Interest Amount") per Specified Denomination for
the relevant Interest Period, payable in USD, by applying
the following formula:
Specified Denomination multiplied by Rate of Interest
multiplied by Day Count Fraction multiplied by (1 divided
by CLP RateVD)
where "CLP RateVD" is the CLP Rate for the relevant CLP
Valuation Date (all as defined in Term 17 below)
(iv) Broken Amount:
Initial Broken Amount of CLP64,910.96 per Specified
Denomination, payable on July 1, 2009
(v) Day Count Fraction (Condition Actual/Actual (ICMA). For the avoidance of doubt,
5(l)):
Actual/Actual (ICMA) refers to a fraction equal to "number
of days accrued/number of days in year" as such terms are
used in Rule 251 of the statutes, by-laws, rules and
recommendations of the International Capital Markets
Association (the "ICMA Rule Book") calculated in
accordance with Rule 251 of the ICMA Rule Book as
applied to non US dollar denominated straight and
convertible notes issued after 31 December 1998.
(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 CLP Valuation Date prior to the
Maturity Date:

Specified Denomination multiplied by (1 divided by CLP
Rate) and rounded down to the nearest cent.
Where:

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

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

"CLP DÓLAR OBS" means the Chilean Peso/U.S. Dollar
"observado" rate, expressed as the amount of Chilean Pesos
per one U.S. Dollar, for settlement in one Business Day
reported by the Banco Central de Chile (www.bcentral.cl) as
the "Dólar Observado" (Dollar Observado) rate by not later
than 10:30 a.m., Santiago time, on the first Business Day
following that CLP Valuation Date. The CLP DÓLAR OBS
(CLP10) rate is currently published on Reuters Page
CLPOB= and Bloomberg Page PCRCDOOB Index.

"CLP Valuation Date" means, in respect of any Interest
Payment Date, the Maturity Date or any other date on which
an amount is payable, the fifth Santiago Business Day prior
to such date.

"EMTA CLP INDICATIVE SURVEY RATE" means the
Chilean Peso/U.S. Dollar Specified Rate for U.S. Dollars,
expressed as the amount of Chilean Pesos per one U.S.
Dollar, for settlement on the same day, as published on
EMTA's web site (www.emta.org) at approximately 11:00
a.m., Santiago time, or as soon thereafter as practicable, on
such Rate Calculation Date. The Spot Rate shall be
calculated by EMTA (or a service provider EMTA may
select in its sole discretion) pursuant to the EMTA CLP
Indicative Survey Methodology (which means a
methodology, dated as of August 1, 2006, as amended from
time to time, for a centralized industry-wide survey of
financial institutions that are active participants in the
Chilean Peso/U.S. Dollar markets for the purpose of
determining the EMTA CLP Indicative Survey Rate).

"EMTA Failure" means, in respect of a CLP Valuation
Date, that the "EMTA CLP INDICATIVE 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 "CLP
DÓLAR OBS" Rate is available on the applicable CLP
Valuation Date.

"Price Materiality" means, in respect of a CLP Valuation
Date, that the "EMTA CLP INDICATIVE SURVEY RATE"
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is available on such date and that the "CLP DÓLAR OBS"
Rate differs from the EMTA CLP INDICATIVE SURVEY
RATE" Rate by more than 3 per cent.
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 Santiago, London and New York
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: 0.10 per cent. of the Aggregate Nominal Amount
29. Additional selling restrictions:
Republic of Chile
The Notes may not be offered or sold in Chile, directly or
indirectly, by means of a "Public Offer" (as defined under
Chilean Securities Law (Law No 18.045 and Regulations
from the Superintendencia de Valores y Seguros of the
Republic of Chile)). Chilean institutional investors (such as
banks, pension funds and insurance companies) are required
to comply with specific restrictions relating to the purchase
of the Notes.
OPERATIONAL INFORMATION

30. ISIN Code:
XS0375649828
31. Common Code:
037564982
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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