Washington, DC, July 28, 2011 – Today, the World Bank (International Bank for Reconstruction and Development, rated Aaa/AAA), issued a Chilean Peso (CLP) 30 billion 2-year fixed rate note lead managed by JP Morgan for North American institutional investors.
Issuer: World Bank (International Bank for Reconstruction and Development, IBRD)
Amount: CLP 30 billion (payable in USD)
Settlement date: August 8, 2011
Maturity date: December 18, 2013
Issue Price: 100.580%
Coupon: 4.25% annually
Denomination: CLP 1,00,000
Listing: Luxembourg Stock Exchange
Clearing systems: Euroclear / Clearstream
About the World Bank
The World Bank (International Bank for Reconstruction and Development, IBRD), rated Aaa/AAA (Moody’s/S&P), is an international organization created in 1944. It operates as a global development cooperative owned by 187 nations. It provides its members with financing, expertise and coordination services so they can achieve equitable and sustainable economic growth in their national economies and find effective solutions to pressing regional and global economic and environmental problems. The overriding goal is to achieve major, sustainable improvements in standards of living worldwide. It has been issuing bonds in the international capital markets for over 60 years to fund its activities. Information for investors is available on the World Bank Treasury website: (www.worldbank.org/debtsecurities).