Obligation International Bank for Reconstruction and Development 0.235% ( XS2244389404 ) en EUR

Société émettrice International Bank for Reconstruction and Development
Prix sur le marché 69.28 %  ▼ 
Pays  Etats-unis
Code ISIN  XS2244389404 ( en EUR )
Coupon 0.235% par an ( paiement annuel )
Echéance 19/10/2035 - Obligation échue



Prospectus brochure de l'obligation International Bank for Reconstruction and Development XS2244389404 en EUR 0.235%, échue


Montant Minimal 10 000 EUR
Montant de l'émission 30 000 000 EUR
Description détaillée L'Obligation émise par International Bank for Reconstruction and Development ( Etats-unis ) , en EUR, avec le code ISIN XS2244389404, paye un coupon de 0.235% par an.
Le paiement des coupons est annuel et la maturité de l'Obligation est le 19/10/2035







Final Terms dated 14 October 2020

International Bank for Reconstruction and Development

Issue of EUR 30,000,000 Callable 0.235 per cent. Notes due 19 October 2035

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.
SUMMARY OF THE NOTES

1.
Issuer:
International Bank for Reconstruction and Development
("IBRD")
2.
(i)
Series Number:
101229
(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 and integral multiples thereof
(Condition 1(b)):
7.
Issue Date:
19 October 2020
8.
Maturity Date (Condition 6(a)):
19 October 2035
9.
Interest Basis (Condition 5):
0.235 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
PROVISIONS RELATING TO INTEREST (IF ANY) PAYABLE
16. Fixed Rate Note Provisions
Applicable
(Condition 5(a)):


(i)
Rate(s) of Interest:
0.235 per cent. per annum payable annually in arrear
(ii) Interest Payment Date(s):
19 October in each year, from and including 19 October
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
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
19 October 2022
Date(s):
(ii) Optional Redemption
EUR 100,000 per minimum Specified Denomination
Amount(s) of each Note and
method, if any, of calculation
of such amount(s):
(iii) Notice period:
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 minimum 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)):
Bearer Notes:

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

Exchange Date in respect of Temporary Global Note:
28 November 2020
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
No
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
26. Other final terms:
Not Applicable
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DISTRIBUTION

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:
DZ BANK AG
Deutsche Zentral-Genossenschaftsbank,
Frankfurt am Main
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 eligible
target markets:
counterparties ("ECPs") target market: Solely for the
purposes of each 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, 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 manufacturers' 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 manufacturers'
target market assessment) and determining appropriate
distribution channels.
For the purposes of this provision, "manufacturer" means
the Dealer.
OPERATIONAL INFORMATION

32. ISIN Code:
XS2244389404
33. Common Code:
224438940
34. Delivery:
Delivery against payment
35. 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 September 23, 2020.
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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

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Document Outline