Obbligazione International Bank for Reconstruction and Development 0.614% ( XS2231862389 ) in EUR

Emittente International Bank for Reconstruction and Development
Prezzo di mercato 100 EUR  ⇌ 
Paese  Stati Uniti
Codice isin  XS2231862389 ( in EUR )
Tasso d'interesse 0.614% per anno ( pagato 1 volta l'anno)
Scadenza 24/09/2040 - Obbligazione è scaduto



Prospetto opuscolo dell'obbligazione International Bank for Reconstruction and Development XS2231862389 in EUR 0.614%, scaduta


Importo minimo 100 000 EUR
Importo totale 125 000 000 EUR
Descrizione dettagliata The Obbligazione issued by International Bank for Reconstruction and Development ( United States ) , in EUR, with the ISIN code XS2231862389, pays a coupon of 0.614% per year.
The coupons are paid 1 time per year and the Obbligazione maturity is 24/09/2040







Final Terms dated September 21, 2020

International Bank for Reconstruction and Development

Issue of EUR 125,000,000 Callable 0.614 per cent. Notes due September 24, 2040

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 market ­ See Term 31
below.
SUMMARY OF THE NOTES

1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101216
(ii) Tranche Number:
1
3.
Specified Currency or Currencies
Euro ("EUR")
(Condition 1(d)):
4.
Aggregate Nominal Amount:

(i)
Series:
EUR 125,000,000
(ii) Tranche:
EUR 125,000,000
5.
(i)
Issue Price:
100 per cent. of the Aggregate Nominal Amount
(ii) Net Proceeds:
EUR 125,000,000
6.
Specified Denomination
EUR 100,000
(Condition 1(b)):
7.
Issue Date:
September 24, 2020
8.
Maturity Date (Condition 6(a)):
September 24, 2040
9.
Interest Basis (Condition 5):
0.614 per cent. Fixed Rate
(further particulars specified in Term 16 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
1



PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):
(i) Rate of Interest:
0.614 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
September 24 in each year, from and including
September 24, 2021 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
30/360
(Condition 5(l)):
(vi) Other terms relating to the method
Not Applicable
for calculating interest for Fixed
Rate Notes:
PROVISIONS RELATING TO REDEMPTION
17. Call Option (Condition 6(d):
Applicable
(i) Optional Redemption Date(s):
September 24, 2023
(ii) Optional Redemption Amount(s) of EUR 100,000 per Specified Denomination
each Note and method, if any, of
calculation of such amount(s):
(iii) Notice period:
Not less than five (5) London, New York City and
TARGET Business Days prior to the Optional
Redemption Date
18. Final Redemption Amount of each Note
EUR 100,000 per Specified Denomination
(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)):
Bearer Notes:

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

Exchange Date in respect of Temporary Global Note:
November 3, 2020
21. New Global Note:
Yes
22. Financial Centre(s) or other special
London, New York City and TARGET
provisions relating to payment dates
(Condition 7(h)):
23. Talons for future Coupons or Receipts to
No
be attached to Definitive Notes (and
dates on which such Talons mature)
(Condition 7(f)):
24. Unmatured Coupons to become void
No
(Condition 7(f)):
2



25. Governing law (Condition 14):
English
26. Other final terms:
Not Applicable
DISTRIBUTION

27. (i)
If syndicated, names of Managers
Not Applicable
and underwriting commitments:
(ii) Stabilizing Manager(s) (if any):
Not Applicable
28. If non-syndicated, name of Dealer:
J.P. Morgan Securities 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")
Professional investors and ECPs only
product governance / Professional investors and
target markets:
eligible counterparties ("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 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, 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 provision, the expression
"manufacturer" means the Dealer.
OPERATIONAL INFORMATION

32. ISIN Code:
XS2231862389
33. Common Code:
223186238
34. Delivery:
Delivery against payment
35. Intended to be held in a manner which
Yes.
would allow Eurosystem eligibility:
Note that the designation "yes" simply means that the
Notes 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 September 24, 2019.
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 IBRD.

RESPONSIBILITY
IBRD accepts responsibility for the information contained in these Final Terms.
Signed on behalf of IBRD:



By:


Name:
Title:

Duly authorized

4



Document Outline