Obligation IBRD-Global 10% ( XS0480029601 ) en BRL

IBRD-Global

100 % ⇌

Etats-unis

XS0480029601 ( en BRL )

10% par an ( paiement annuel )

21/01/2015 - Obligation échue

Prospectus brochure de l'obligation IBRD XS0480029601 en BRL 10%, échue

/

100 000 000 BRL

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.

Analyse Post-Maturité de l'Obligation IBRD XS0480029601 L'instrument financier en question, identifié par le code ISIN XS0480029601, était une obligation, un titre de créance qui a désormais atteint sa pleine maturité et a été remboursé. L'émetteur de cette obligation était IBRD, acronyme de la Banque internationale pour la reconstruction et le développement. IBRD est une institution financière internationale majeure, faisant partie du Groupe de la Banque mondiale, dont la mission principale est de réduire la pauvreté dans les pays à revenu intermédiaire et les pays plus pauvres mais solvables en fournissant des prêts, des garanties, des services de conseil et des analyses. Reconnue pour sa très forte solvabilité, IBRD bénéficie généralement des meilleures notations de crédit auprès des principales agences, ce qui en fait un émetteur de dette de premier ordre sur les marchés financiers mondiaux, contribuant à la liquidité et à la sécurité de ses émissions. Cette obligation spécifique, dont le pays d'émission formel était les États-Unis, était libellée en Real brésilien (BRL), un élément clé pour les investisseurs exposés à cette devise. Elle offrait un taux d'intérêt nominal de 10%, distribué avec une fréquence de paiement annuelle (1 fois par an). La taille totale de cette émission s'élevait à 100 000 000 BRL. La date de maturité de cet instrument était fixée au 21 janvier 2015. Au moment de son échéance, l'obligation a été intégralement remboursée à 100% de sa valeur nominale, signifiant que les porteurs ont récupéré leur capital initial, conformément aux termes de l'émission. Ce remboursement intégral à maturité confirme la performance et le respect des engagements contractuels de l'émetteur envers ses créanciers.

Final Terms dated 15 January 2010
International Bank for Reconstruction and Development
Issue of BRL100,000,000 10.00 per cent. BRL/USD FX Linked Notes due January 21, 2015
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:
10395

(i )
Tranche Number:
1
3
Specified
Currency
or Brazilian Real ("BRL") provided that al payments in
Currencies (Condition 1(d)):
respect of the Notes will be made in United States
Dollars ("USD")
4
Aggregate Nominal Amount:

(i)
Series:
BRL100,000,000

(i )
Tranche:
BRL100,000,000
5
(i)
Issue Price:
101.625 per cent. of the Aggregate Nominal Amount

(i )
Net proceeds:
BRL99,750,000.01 (equivalent to USD57,327,586.21 at
the USD/BRL FX Rate of 1.7400)
6
Specified
Denomination BRL5,000
(Condition 1(b)):
7
Issue Date:
January 21, 2010
8
Maturity Date (Condition 6(a)):
January 21, 2015
9
Interest Basis (Condition 5):
10.00 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 Unsecured and unsubordinated
3):
14
Listing:
Luxembourg Stock Exchange
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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:
10.00 per cent. per annum payable annually in arrear

(i )
Interest
Payment January 21, 2011, January 21, 2012, January 21, 2013,
Dates:
January 21, 2014 and January 21, 2015

(i i)
Fixed Coupon Amount: The Fixed Coupon Amount for the relevant Interest
Period shal be BRL 500.00 per Specified Denomination,
payable in USD by applying the following formula:
BRL 500.00 divided by BRL Rate (as defined in Term 17
below)

(iv)
Broken Amount(s):
Not Applicable

(v)
Day Count Fraction Actual/Actual (ICMA).
(Condition 5(l)):

(vi)
Other terms relating to Not Applicable
the
method
of
calculating interest for
Fixed Rate Notes:
PROVISIONS RELATING TO REDEMPTION
17
Final Redemption Amount of The
Final
Redemption
Amount
per
Specified
each Note (Condition 6):
Denomination wil be payable in USD and determined by
the Calculation Agent as follows, on the BRL Valuation
Date prior to the Maturity Date:

Specified Denomination divided by BRL Rate
Where:

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

"BRL Rate" means, in respect of a BRL Valuation Date,
the BRL/USD exchange rate, expressed as the amount
of BRL per one USD:

(a)
determined by the Calculation Agent on the
relevant BRL Valuation Date by reference to the
applicable BRL-PTAX Rate; or
(b)
in the event that the BRL-PTAX Rate is not
available on the applicable BRL Valuation Date,
determined by the Calculation Agent on the
relevant BRL Valuation Date by reference to the
applicable EMTA BRL Industry Survey Rate (if
such rate is available); or
(c)
in the event that both the BRL-PTAX Rate and
the EMTA BRL Industry Survey Rate are not
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available on the applicable BRL Valuation Date,
determined by the Calculation Agent on the
relevant BRL 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 BRL Valuation Date,
the Calculation Agent determines that a
Price Materiality has occurred on such
BRL Valuation Date, the BRL Rate wil be
the EMTA BRL Industry Survey Rate
applicable in respect of such BRL
Valuation Date; and
(i )
if, on the applicable BRL Valuation Date,
the Calculation Agent determines that an
EMTA Failure has occurred on such BRL
Valuation Date, the BRL Rate will be
determined by the Calculation Agent in
good faith and in a commercially
reasonable manner, having taken into
account relevant market practice

"BRL-PTAX Rate" means, in respect of a BRL Valuation
Date, the BRL/USD offered rate for USD, expressed as
the amount of BRL per one USD, for settlement in two
New York and São Paulo Business Days reported by the
Banco Central do Brasil on SISBACEN Data System
under transaction code PTAX-800 ("Consulta de Cambio"
or Exchange Rate Inquiry), Option 5 ("Cotacões para
Contabilidade" or Rates for Accounting Purposes) by
approximately 8:30 p.m. São Paulo time on such BRL
Valuation Date

"BRL Valuation Date" for any Interest Payment Date or
the Maturity Date or date on which an amount is payable
means the fifth Valuation Business Day prior to such
date, provided however that if such date is an
Unscheduled Holiday, the BRL Valuation Date shall be
the next following Valuation Business Day

"EMTA BRL Industry Survey Methodology" means a
methodology, dated as of March 1, 2004, as amended
from time to time, for a centralised industry-wide survey
of financial institutions in Brazil that are active
participants in the BRL/USD spot markets for the
purposes of determining the EMTA BRL Industry Survey
Rate

"EMTA BRL Industry Survey Rate" means the foreign
exchange rate as specified in the ISDA 1998 FX and
Currency Option Definitions (as updated from time to
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time) Settlement Rate Options: "EMTA BRL Industry
Survey Rate (BRL12)", meaning that the spot rate for a
BRL Valuation Date will be the BRL/USD offered rate for
USD, expressed as the amount of BRL per one USD, for
settlement in two New York and São Paulo Business
Days, calculated by EMTA (or a service provider EMTA
may in its sole discretion select) pursuant to the EMTA
BRL Industry Survey Methodology and published on
EMTA's website (www.emta.org) at approximately
3:45p.m. São Paulo time or as soon thereafter as
practicable on such BRL Valuation Date

"EMTA Failure" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate, having
been requested as prescribed by EMTA, is not available
for any reason. For the avoidance of doubt, an EMTA
Failure may stil occur notwithstanding that the BRL-
PTAX Rate is available on the applicable BRL Valuation
Date

"Price Materiality" means, in respect of a BRL Valuation
Date, that the EMTA BRL Industry Survey Rate is
available on such date and that the BRL-PTAX Rate
differs from the EMTA BRL Industry Survey Rate by more
than 3 per cent.

"Unscheduled Holiday" means a day that is not a
Valuation Business Day and the market was not aware of
such fact (by means of a public announcement or by
reference to other publicly available information) until a
time later than 9:00 a.m. local time in São Paulo two São
Paulo Business Days prior to the relevant BRL Valuation
Date, provided, however, that if the next day is also an
Unscheduled Holiday, the BRL Rate wil be determined
by the Calculation Agent on such day in its sole
discretion acting in good faith in a commercially
reasonable manner having taken into account relevant
market practice and by reference to such additional
sources as it deems appropriate

"Valuation Business Day" means a day (other than a
Saturday or a Sunday) on which banks and foreign
exchange markets are open for business in New York
and São Paulo
18
Early Redemption Amount The Final Redemption Amount as determined in
(Condition 6(c)):

accordance with Term 17 above plus accrued interest,
payable in United States dol ars
GENERAL PROVISIONS APPLICABLE TO THE NOTES
19
Form of Notes (Condition Registered Notes:
1(a)):
Global Registered Certificate available on Issue Date
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20
New Global Note:
No
21
Financial Centre(s) or other São Paulo, New York and London
special provisions relating to
payment
dates
(Condition
7(h)):
22
Governing law (Condition 14): English
23
Other final terms:
Not Applicable
DISTRIBUTION
24
(i)
If syndicated, names of Not Applicable
Managers and
underwriting
commitments:

(i )
Stabilizing Manager(s)
Not Applicable
(if any):
25
If non-syndicated, name of J.P. Morgan Securities Ltd.
Dealer:
26
Total
commission
and Not Applicable
concession:
27
Additional sel ing restrictions:
Brazil
The Dealer has acknowledged that the Notes may not be
offered or sold to the public in Brazil and that accordingly;
the offering of the Notes has not been submitted to the
Brazilian
Securities
and
Exchange
Commission
(Commisáo de Valores Mobilários, the CVM) for
approval. The Dealer has represented and agreed that
documents relating to such offering, as well as the
information contained herein and therein, may not be
supplied to the public, as a public offering in Brazil or be
used in connection with any offer for subscription or sale
to the public in Brazil
OPERATIONAL INFORMATION
28
ISIN Code:
XS0480029601
29
Common Code:
048002960
30
Delivery:
Delivery against payment
31
Registrar and Transfer Agent Citibank, N.A., London Branch
(if any):
32
Intended to be held in a Not Applicable
manner which would al ow
Eurosystem eligibility:
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 28, 2009.
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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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