Washington, DC, May 7, 2008 – The World Bank launched a USD 50 million principal protected zero coupon note due 2018. The principal payment is linked to the performance of a basket of 3 equity indices. The bonds were issued in response to demand from Latin American pension funds. The transaction was lead managed by Société Générale.
Amount: USD 50 million
Settlement Date: May 16, 2008
Maturity Date: May 16, 2018
Issue Price: 100%
Coupon: 0%
Redemption: 100% of principal plus a potential participation in the performance of a basket of equity indices (Eurostoxx 50, S&P500 and TOPIX) calculated based on a formula described in the terms of the note
Denomination: USD 1,000
Listing: Luxembourg
Clearing Systems: Euroclear and Clearstream
ISIN: XS0363722579
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.
