PRESS RELEASE February 14, 1992

World Bank Announces Redemption of a US Dollar Issue

The World Bank announced today it intends to call all the outstanding $153.7 million principal amount of the 6-3/8 percent Twenty-Six Year U.S. Dollar

Bonds of 1968, due October 1, 1994, at a price of 100 percent of par. All the bonds will be redeemed on April 1, 1992. Bondholders will be sent a formal redemption notice on or about February 21, 1992. Interest on the bonds will cease to accrue on the redemption date.

 


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