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PRESS RELEASE May 22, 1951

IBRD: Serial Bondholders May Exchange for Definitive Bonds

New York - The International Bank for Reconstruction and Development announced today that holders of its Serial Bonds of 1950, due 1953-62 in temporary form, may exchange their bonds for definitive bonds of the same issue and maturity at the Federal Reserve Bank of New York on and after May 28. Definitive bonds will be available in bearer coupon form in the denominations of $1,000, $10,000 and $100,000 and in fully registered form in the denomination of $1,000 or any multiple of $1,000. Holders of temporary bonds may obtain forms requesting such exchange from the Federal Reserve Bank of New York, 33 Liberty Street, New York 45, New York.


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