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Published on 12/19/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

World Bank buys back PHP 128.6 million of 3 1/8% notes due 2020

By Marisa Wong

Los Angeles, Dec. 19 – International Bank for Reconstruction and Development (World Bank) will repurchase PHP 128.6 million of its PHP 2.25 billion 3 1/8% notes payable in dollars due Sept. 25, 2020, according to a notice.

The notes will be repurchased on Dec. 23.

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


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