Skip to Main Navigation
PRESS RELEASE March 6, 1967

World Bank Sells Issue of $100 Million of 5-3/8% 2-Year Bonds

The World Bank has arranged the sale, entirely outside the United States, of a US$100 million issue of bonds. The sale, at par, was made by private placement with central banks and other governmental institutions in 43 countries and with one international organization, which represents a record number by nationality of participation for any World Bank bond issue.

The new bonds, known as "Two Year Bonds of 1967, due March 15, 1969", bear interest at 5-3/8%, payable semi-annually, with the first payment due September 15, 1967. The issue is dated March 15, 1967.

The countries where the new bonds were sold are:

Afghanistan         Ecuador        Italy                 Portugal

Argentina            El Salvador     Jordan             Saudi Arabia

Australia             Ethiopia          Korea               South Africa

Austria                Finland           Kuwait              Spain

Belgium              France            Libya                  Thailand

Bolivia                Ghana             Luxembourg     Trinidad & Tobago

Brazil                 Greece            Malaysia             Venezuela

Burma               Iceland            Mexico                Viet-Nam

China                 India              Morocco              Yugoslavia

Cyprus               Ireland           Norway               Zambia

Denmark            Israel             Pakistan

The outstanding funded debt of the Bank, including this transaction, aggregates the equivalent of approximately $3.0 billion, of which about $2.2 billion is denominated in United States dollars and the remainder in Belgian francs, Canadian dollars, Deutsche marks, Italian lire, Netherlands guilders, Pounds sterling and Swiss francs. More than half of the Bank's outstanding debt is held by investors outside the United States.