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Published on 11/1/2019 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

IBRD buys back Rs. 251 million 4.65% dollar-settled notes due 2024

By Marisa Wong

Los Angeles, Nov. 1 – International Bank for Reconstruction and Development will repurchase Rs. 251 million of its Rs. 3.15 billion 4.65% notes due Oct. 16, 2024, according to a notice.

The notes will be repurchased on Nov. 1 and will be repaid in dollars.

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


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