Obligation IBRD-Global 0.9% ( XS2302933929 ) en EUR

IBRD-Global

100 % ⇌

Etats-unis

XS2302933929 ( en EUR )

0.9% par an ( paiement annuel )

23/02/2051 - Obligation échue

Prospectus brochure de l'obligation IBRD XS2302933929 en EUR 0.9%, échue

100 000 EUR

30 000 000 EUR

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 de type "bond" portant le code ISIN XS2302933929, émise par l'International Bank for Reconstruction and Development (IBRD), a récemment atteint sa maturité et a été intégralement remboursée à ses détenteurs. Cette émission, domiciliée aux États-Unis et libellée en euros (EUR), représentait une taille totale de 30 000 000 EUR, avec une taille minimale à l'achat fixée à 100 000 EUR, et offrait un taux d'intérêt annuel de 0,9%, avec des paiements de coupons effectués une fois par an. Sa date d'échéance était fixée au 23 février 2051, et au moment de son remboursement, le prix sur le marché s'établissait à 100% de sa valeur nominale, attestant de son exécution conforme aux termes. L'émetteur, l'International Bank for Reconstruction and Development (IBRD), plus communément connue sous le nom de Banque mondiale, est une institution financière internationale dont la mission principale est de réduire la pauvreté et de soutenir le développement durable dans les pays à revenu intermédiaire et les pays en développement solvables, en finançant des projets d'infrastructure, des réformes économiques et des programmes sociaux à travers des prêts et d'autres instruments financiers, et qui lève l'essentiel de ses fonds sur les marchés internationaux de capitaux, ses obligations étant généralement perçues comme des investissements à faible risque en raison de sa solide assise financière et de son statut d'organisation multilatérale. Le remboursement intégral de cette obligation marque la clôture de ce chapitre financier, assurant aux investisseurs la restitution de leur capital initial et démontrant la capacité de l'IBRD à honorer ses engagements financiers à long terme dans le cadre de ses opérations de financement du développement mondial.

Final Terms dated 18 February 2021

International Bank for Reconstruction and Development

Issue of EUR 30,000,000 0.910 per cent. Notes due 23 February 2051

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.

MiFID II product governance / Professional investors and ECPs target markets See Term 31 below.
UK MiFIR product governance /Professional investors and ECPs target market See Term 32 below.

SUMMARY OF THE NOTES
1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101318
(ii)
Tranche Number:
1
3.
Specified Currency or Currencies
Euro ("EUR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 30,000,000
(ii)
Tranche:
EUR 30,000,000
5.
(i)
Issue Price:
100.00 per cent. of the Aggregate Nominal Amount

(ii)
Net proceeds:
EUR 30,000,000
6.
Specified Denominations
EUR 100,000
(Condition 1(b)):
7.
Issue Date:
23 February 2021
8.
Maturity Date (Condition 6(a)):
23 February 2051
9.
Interest Basis (Condition 5):
0.910 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):
Call Option
(further particulars specified in Term 17 below)
13.
Status of the Notes (Condition 3):
Unsecured and unsubordinated
14.
Listing:
Luxembourg Stock Exchange
15.
Method of distribution:
Non-Syndicated
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16.
Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
1

(i)
Rate(s) of Interest:
0.910 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
23 February in each year, from and including 23 February
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
Actual/Actual (ICMA)
(Condition 5(i)):
(vi)
Other terms relating to the
Not Applicable
method of calculating
interest for Fixed Rate
Notes:
PROVISIONS RELATING TO REDEMPTION
17.
Call Option (Condition 6(d)):
Applicable

(i)
Optional Redemption
23 February 2023, 23 February 2028, 23 February 2033, 23
Date(s):
February 2038, 23 February 2043 and 23 February 2048

(ii)
Optional Redemption
EUR 100,000 per Specified Denomination
Amount(s) of each Note and
method, if any, of
calculation of such
amount(s):

(iii)
Notice period:
Not less than five (5) London, New York and TARGET
Business Days prior to the relevant Optional Redemption
Date
18.
Final Redemption Amount of each
EUR 100,000 per Specified Denomination
Note (Condition 6):
19.
Early Redemption Amount
As set out in the Conditions
(Condition 6I):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20.
Form of Notes (Condition 1(a)):
Bearer Notes:

Temporary Global Note exchangeable for a Permanent
Global Note on the Exchange Date

Exchange Date in respect of Temporary Global Note:
April 4, 2021
21.
New Global Note:
Yes
22.
Financial Centre(s) or other special
London, New York and TARGET
provisions relating to payment
dates (Condition 7(h)):
23.
Talons for future Coupons or
Yes
Receipts to be attached to
Definitive Notes (and dates on
which such Talons mature)
(Condition 7(g)):
24.
Unmatured Coupons to become
No
void (Condition 7(f)):
25.
Governing law (Condition 14):
English
2

26.
Other final terms:
Not Applicable
DSTRIBUTION
27.
(i)
If syndicated, names of
Not Applicable

Managers and underwriting

commitments:
(ii)
Stabilizing Manager(s) (if
Not Applicable
any):
28.
If non-syndicated, name of Dealer:
Barclays Bank PLC
29.
Total commission and concession:
Not Applicable
30.
Additional selling restrictions:
Not Applicable.
31.
MiFID II product governance
Directive 2014/65/EU (as amended, "MiFID II") product
/Professional investors and ECPs
governance / Professional investors and ECPs only target
target markets:
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 and
professional clients, each as defined in MiFID II; 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, 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 31, "manufacturer" means the
Dealer.
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.
3

32.
UK MiFIR product governance /
Regulation (EU) No 600/2014 as it forms part of domestic
Professional investors and ECPs
law by virtue of the European Union (Withdrawal) Act
target market:
2018 ("UK MiFIR") product governance /Professional
investors and ECPs 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 32, "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
33.
ISIN Code:
XS2302933929
34.
Common Code:
230293392
35.
Delivery:
Delivery against payment
36.
Intended to be held in a manner
Yes
which would allow Eurosystem
Note that the designation "yes" simply means that the Notes
eligibility:
are intended upon issue to be deposited with one of the ICSDs
as common safekeeper and does not necessarily mean that the
Notes will be recognized as eligible collateral for Eurosystem
monetary policy and intra-day credit operations by the
Eurosystem either upon issue or at any or all times during
their life. Such recognition will depend upon the ECB being
satisfied that Eurosystem eligibility criteria have been met.

GENERAL INFORMATION
IBRD's most recent Information Statement was issued on 23 September 2020.
SPECIAL ACCOUNT
An amount equal to the net proceeds of the issue of the Notes will be credited to a special account that will
support IBRD's lending for Eligible Projects. So long as the Notes remain outstanding and the special
account has a positive balance, periodically and at least at the end of every fiscal quarter, funds will be
deducted from the special account and added to IBRD's lending pool in an amount equal to all disbursements
from that pool made during such quarter in respect of Eligible Projects.

4

ELIGIBLE PROJECTS
"Eligible Projects" means all projects funded, in whole or in part, by IBRD that promote the transition to
low-carbon and climate resilient growth in the recipient country, as determined by IBRD. Eligible Projects
may include projects that target (a) mitigation of climate change including investments in low-carbon and
clean technology programs, such as energy efficiency and renewable energy programs and projects
("Mitigation Projects"), or (b) adaptation to climate change, including investments in climate-resilient
growth ("Adaptation Projects").

Examples of Mitigation Projects include, without limitation:
· Rehabilitation of power plants and transmission facilities to reduce greenhouse gas emissions
· Solar and wind installations
· Funding for new technologies that permit significant reduction in GHG emissions
· Greater efficiency in transportation, including fuel switching and mass transport
· Waste management (methane emission) and construction of energy-efficient buildings
· Carbon reduction through reforestation and avoided deforestation

Examples of Adaptation Projects include, without limitation:
· Protection against flooding (including reforestation and watershed management)
· Food security improvement and stress-resilient agricultural systems which slow down deforestation
· Sustainable forest management and avoided deforestation

The above examples of Mitigation Projects and Adaptation Projects are for illustrative purposes only and no
assurance can be provided that disbursements for projects with these specific characteristics will be made by
IBRD during the term of the Notes. Payment of principal and interest, if any, on the Notes will be made from
IBRD's general funds and will not be directly linked to the performance of any Eligible Projects.

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

5

Document Outline

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#4">GENERAL INFORMATION
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