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PRESS RELEASE October 17, 1983

World Bank Offers SwF 250 Million Notes

The World Bank announced its eighth offering of Swiss Franc Notes to central banks, other governmental institutions and international organizations. The Notes, to bear interest at the rate of 5-1/2 percent per annum, payable annually, were offered at par on September 13, 1983. A total of 40 institutions subscribed to the issue. A similar issue in the aggregate principal amount of SwF 200,000,000 matured on October 15, 1983.