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PRESS RELEASE March 5, 1992

World Bank Announces Redemption of 2 US Dollar Issues

The World Bank announced today it intends to call all the outstanding $192.7 million principal amount of 8-3 /8 percent Twenty-Five Year U.S. Dollar Bonds of 1976, due December 1, 2001, and all the outstanding $209.9 million principal amount of 8.35 percent Twenty-Five Year U.S. Dollar Bonds of 1977, due August 1, 2002. The redemption price for both bonds is 102.5 percent of par plus accrued interest. All bonds will be redeemed on April 13, 1992. Bondholders will be sent formal redemption notices on or about March 11, 1992. Interest on these two bonds will cease to accrue on the redemption date.


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