Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). Find Out

Skip to Main Navigation
PRESS RELEASE February 20, 1967

World Bank Plans $250 Million 25-Year Bond Issue

George D. Woods, President of the International Bank for Reconstruction and Development, announced today that the Bank proposes to offer in the United States during the week beginning March 13, 1967 a new issue of $250,000,000 principal amount of 25-year bonds. The bonds will be non-redeemable for a period of 10 years and will be offered through a nationwide group of underwriters headed by Morgan Stanley & Co. and The First Boston Corporation. In addition to the initial delivery of bonds, it is also expected that bonds will be offered for sale on a delayed delivery basis to certain institutional purchasers.