IBRD PRICES EUR FLOATING RATE-FLOORED EURO MEDIUM TERM NOTE
Post Date: 15 October 2021
United States based Supranational International Bank for Reconstruction and Development has finalised a private placement in the EUR Floating Rate-Floored Euro Medium Term Note market. The financing matures in 2033 and was executed by a single dealer. A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
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Issuer: International Bank for Reconstruction and Development Industry: Government - Supranational InstitutionsCountry: United StatesLEI: ZTMSNXROF84AHWJNKQ93 Issuer Description: The International Bank for Reconstruction and Development (IBRD) aims to reduce poverty in middle-income and creditworthy poorer countries by promoting sustainable development through loans, guarantees, risk management products, and analytical and advisory services.. The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the common sense. We are made up of two unique development institutions owned by 185 member countries—the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA).Each institution plays a different but supportive role in our mission of global poverty reduction and the improvement of living standards. The IBRD focuses on middle income and creditworthy poor countries, while IDA focuses on the poorest countries in the world. Together we provide low-interest loans, interest-free credit and grants to developing countries for education, health, infrastructure, communications and many other purposes.. International Bank for Reconstruction and Development operates as a financial services firm. The Company provides loans and other assistance primarily to middle income countries with the aim of reducing poverty, increasing shared prosperity, and promoting sustainable development.The IBRD is the first of five member institutions that compose the World Bank Group, and is headquartered in Washington, D.C. in the United States.Generic Rating: [Login to see full details] Moody's Credit Rating: [Login to see full details] S&P Credit Rating: [Login to see full details] Fitch Credit Rating: [Login to see full details]
Amount: EUR [Login to see full details]Total Amount including taps: EUR [Login to see full details]
Structure: Floating Rate-FlooredThe coupon is [Login to see full details]. The MTN was priced at [Login to see full details].
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