Washington, DC, February 9, 2007 - The World Bank launched a Turkish Lira (TRY) bond. The notes will be placed with European retail and institutional investors via UBS Investment Bank as the lead manager and ABN Amro, Banca Profilo, KBC, and RBC Europe Ltd. as co-managers.
Amount: TRY 100 million
Settlement date: February 20, 2007
Maturity Date: February 19, 2010
Issue price: 101.085%
Coupon: 17.625% annually (short first coupon)
Denomination: TRY 2,000 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.