Washington, DC, January 10, 2007 – Today, the World Bank launched a 250 million South African Rand (ZAR) bond for European retail and institutional investors. Deutsche Bank lead managed the transaction, with ABN Amro Bank, Danske Bank, and RBC Europe Ltd. as co-managers.
Amount: ZAR 250 million
Settlement date: January 25, 2007
Maturity Date: December 18, 2008
Issue price: 100.15%
Coupon: 8.50% annually
Denomination: ZAR 10,000 and integral multiples thereof
Clearing systems: Euroclear and Clearstream
The World Bank's bond products and investor presentation can be accessed through the website of the World Bank for bond investors (www.worldbank.org/debtsecurities). For a list of selected bonds issued recently by the World Bank, see https://treasury.worldbank.org/recentissues.