Obligation IBRD-Global 4.2% ( XS2283350960 ) en ZAR

IBRD-Global

100 % ⇌

Etas-Unis

XS2283350960 ( en ZAR )

4.2% par an ( paiement annuel )

13/01/2023 - Obligation échue

Prospectus brochure de l'obligation IBRD XS2283350960 en ZAR 4.2%, échue

2 000 000 ZAR

150 000 000 ZAR

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 IBRD XS2283350960, émise aux États-Unis en ZAR, d'un montant total de 150 000 000, avec un prix actuel au marché de 100%, un taux d'intérêt de 4,2%, une taille minimale à l'achat de 2 000 000, arrivant à maturité le 13/01/2023 et une fréquence de paiement de 1, a été remboursée à maturité.

Final Terms dated 8 January 2021

International Bank for Reconstruction and Development

Issue of ZAR 150,000,000 4.20 per cent. Notes due 13 January 2023

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.

UK MiFIR product governance / Professional investors and eligible counterparties
target markets See Term 28 below.

SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101271

(ii)
Tranche Number:
1
3.
Specified Currency or Currencies
South African Rand ("ZAR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
ZAR 150,000,000

(ii)
Tranche:
ZAR 150,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii) Net Proceeds:
ZAR 150,000,000
6.
Specified Denominations
ZAR 2,000,000

(Condition 1(b)):
7.
Issue Date:
13 January 2021
8.
Maturity Date (Condition 6(a)):
13 January 2023
9.
Interest Basis (Condition 5):
4.20 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 Stock Exchange

1

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:
4.20 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
13 January 2022 and 13 January 2023, not subject to
adjustment in accordance with the Business Day
Convention.
(iii) Interest Period Date(s):
Each Interest Payment Date
(iv) Business Day Convention:
Not Applicable
(v) Day Count Fraction
Actual/Actual (ICMA)
(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
ZAR 2,000,000 per 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)):
Registered Notes:

Global Registered Certificate available on Issue Date
20. New Global Note:
No
21. Financial Centre(s) or other special
Johannesburg, London and New York
provisions relating to payment dates
(Condition 7(h)):
22. Governing law (Condition 14):
English
23. Other final terms:
The first sentence of Condition 7(a)(ii) is hereby replaced by
the following: "Interest (which for the purpose of this
Condition 7(a) shall include all Instalment Amounts other
than final Instalment Amounts) on Registered Notes shall be
paid to the person shown on the Register at the close of
business on the calendar day before the due date for payment
thereof (the "Record Date")."
DISTRIBUTION
24. (i) If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii) Stabilizing Manager(s) (if
Not Applicable
any):
25. If non-syndicated, name of Dealer:
Merrill Lynch International

2

26. Total commission and concession:
Not Applicable

27. Additional selling restrictions:
Not Applicable

28. UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of domestic
Professional investors and eligible
law by virtue of the European Union (Withdrawal) Act
counterparties target markets:
2018 ("UK MiFIR") product governance / Professional
investors and eligible counterparties only 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 only eligible counterparties (as defined in the United
Kingdom Financial Conduct Authority (the "FCA") Handbook
Conduct of Business Sourcebook ("COBS")), and professional
clients (as defined in UK MiFIR); and (ii) all channels for
distribution of the Notes to eligible counterparties and
professional clients are appropriate. Any person subsequently
offering, selling or recommending the Notes (a "distributor")
should take into consideration the manufacturer's 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
manufacturer's target market assessment) and determining
appropriate distribution channels.
For the purposes of this Term 28, "manufacturer" means the
Dealer.
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

29. ISIN Code:
XS2283350960
30. Common Code:
228335096
31. Delivery:
Delivery against payment
32. Registrar and Transfer Agent
Citibank, N.A., London Branch

(if 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 23 September 2020.

3

USE OF PROCEEDS
Supporting sustainable development in IBRD's member countries.
The net proceeds from the sale of the Notes will be used by IBRD to finance sustainable
development projects and programs in IBRD's member countries (without being committed or
earmarked for lending to, or financing of, any particular projects or programs). Prior to use, the net
proceeds will be invested by IBRD's Treasury in accordance with IBRD's liquid asset management
investment policies. IBRD's financing is made available solely to middle-income and creditworthy
lower-income member countries who are working in partnership with IBRD to eliminate extreme
poverty and boost shared prosperity, so that they can achieve equitable and sustainable economic
growth in their national economies and find sustainable solutions to pressing regional and global
economic and environmental problems. Projects and programs supported by IBRD are designed to
achieve a positive social impact and undergo a rigorous review and internal approval process aimed
at safeguarding equitable and sustainable economic growth.
IBRD integrates the following five global themes into its lending activities helping its borrowing
members create sustainable development solutions: climate change; gender; infrastructure, public-
private partnerships and guarantees; knowledge management, and fragility, conflict and violence.
IBRD's administrative and operating expenses are covered entirely by IBRD's various sources of
revenue (net income) consisting primarily of interest margin, equity contribution and investment
income (as more fully described in the Information Statement).

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

4