Bond International Bank for Reconstruction and Development 3.45% ( XS2614692197 ) in EUR

Issuer International Bank for Reconstruction and Development
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS2614692197 ( in EUR )
Interest rate 3.45% per year ( payment 1 time a year)
Maturity 21/04/2033 - Bond has expired



Prospectus brochure of the bond International Bank for Reconstruction and Development XS2614692197 in EUR 3.45%, expired


Minimal amount 100 000 EUR
Total amount 10 000 000 EUR
Detailed description The Bond issued by International Bank for Reconstruction and Development ( United States ) , in EUR, with the ISIN code XS2614692197, pays a coupon of 3.45% per year.
The coupons are paid 1 time per year and the Bond maturity is 21/04/2033







Final Terms dated 18 April 2023

International Bank for Reconstruction and Development

Issue of EUR 10,000,000 Callable 3.45 per cent. Notes due 21 April 2033

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 / 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:
101707
(ii)
Tranche number:
1
3. Specified Currency or Currencies
Euro ("EUR")
(Condition 1(d)):
4. Aggregate Nominal Amount

(i)
Series:
EUR 10,000,000
(ii)
Tranche:
EUR 10,000,000
5. (i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii)
Net proceeds:
EUR 10,000,000
6. Specified Denominations
EUR 100,000
(Condition 1(b)):
7. Issue Date:
21 April 2023
8. Maturity Date (Condition 6(a)):
21 April 2033
9. Interest basis (Condition 5):
3.45 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 below)
13. Status of the Notes (Condition 3):
Unsecured and unsubordinated
14. Listing:
Luxembourg Stock Exchange
15. Method of distribution:
Non-syndicated
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PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note provisions
Applicable
(Condition 5(a)):
(i)
Rate(s) of Interest:
3.45 per cent. per annum payable annually in arrear
(ii)
Interest Payment Date(s):
21 April in each year, from and including 21 April 2024 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(l)):
(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
21 April 2025
Date(s):
(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 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 6(c)):
GENERAL PROVISIONS APPLICABLE TO THE NOTES
20. Form of Notes (Condition 1(a)):
Registered Notes:

Global Registered Certificate available on Issue Date
21. New Global Note / New
Yes ­ New Safekeeping Structure
Safekeeping Structure:
22. Financial Centre(s) or other special
London, New York and TARGET
provisions relating to payment dates
(Condition 7(h)):
23. Governing law (Condition 14):
English
24. Other final terms:
Not Applicable
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DISTRIBUTION
25. (i)
If syndicated, names of
Not Applicable
Managers and underwriting
commitments:
(ii)
Stabilizing Manager(s) (if
Not Applicable
any):
26. If non-syndicated, name of Dealer:
Commerzbank Aktiengesellschaft
27. Total commission and concession:
Not Applicable
28. Additional selling restrictions:
Not Applicable
29. 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 market:
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 eligible counterparties and professional
clients only, 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, each 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 29, "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.
OPERATIONAL INFORMATION
30. Legal Entity Identifier of the Issuer: ZTMSNXROF84AHWJNKQ93
31. ISIN Code:
XS2614692197
32. Common Code:
261469219
33. Delivery:
Delivery versus payment
34. Registrar and Transfer Agent (if
Citibank, N.A., London Branch
any):
35. Intended to be held in a manner
Yes. Note that the designation "yes" means that the Notes are
which would allow Eurosystem
intended upon issue to be deposited with one of the ICSDs as
eligibility:
common safekeeper or registered in the name of a nominee of
one of the ICSDs acting 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
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times during their life. Such recognition will depend upon
satisfaction of the Eurosystem eligibility criteria.
GENERAL INFORMATION
IBRD's most recent Information Statement was issued on September 21, 2022.
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 are 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.
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 reductions in GHG emissions;
· Greater efficiency in transportation, including fuel switching and mass transport;
· Waste management (methane emission) and construction of energy-efficient buildings; and
· 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; and
· 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.
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.
Recent Developments
On April 6, 2023, the Board of Executive Directors approved a reduction in IBRD's capital adequacy policy
minimum Equity-to-Loans (E/L) ratio from current 20% to 19%, effective immediately.
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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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