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Published on 3/25/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

World Bank calls $100 million zero-coupon notes due 2046 at 114.7523

By Marisa Wong

Los Angeles, March 25 – International Bank for Reconstruction and Development, or World Bank, plans to redeem its $50 million callable zero-coupon notes due April 13, 2046 (ISIN: XS1390433750) on April 13 at 114.7523, according to a notice.

World Bank also plans to redeem its $50 million callable zero-coupon notes due April 14, 2046 (ISIN: XS1391387674) on April 14 at 114.7523, according to a separate notice.

Citibank, NA, London Branch is the paying agent.

World Bank offers loans to developing countries and is based in Washington, D.C.


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