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.
