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

Skip to Main Navigation
PRESS RELEASE October 22, 1990

World Bank Announces Public Issue of Deutsche Mark 750 Million Bonds

The World Bank has issued DM 750 million (about US$ 497.3 million) of 10-year bonds through an international group of banks lead managed by Deutsche Bank.

The bonds carry a 9 percent coupon and are priced at 101-1/2 for a yield of 8.59 percent on a semi-annual coupon equivalent basis. The bonds will be repaid at par on November 13, 2000 and are non-callable. They will be listed on the Frankfurt Stock Exchange.

Proceeds of the issue will be used in the general operations of the World Bank.