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

Skip to Main Navigation
PRESS RELEASE November 22, 1988

World Bank Announces Euroyen 10 Billion Borrowing

The World Bank has signed today a 5-year borrowing of Yen 10 billion ($81.9 million equivalent) in the Euroyen market. The bonds carry an interest rate of 4.75 percent a year. payable annually. and are priced at par to yield 4.69 percent on a semi-annual coupon equivalent basis.

The borrowing has been managed for the World Bank by IBJ International Limited. The proceeds of this borrowing have been swapped into US dollars.

 


Api
Api