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Prospect News home > News index > List of issuers Tenders > Headlines for 2020 > News item
Published on 9/17/2020 in the Prospect News Investment Grade Daily and Prospect News Liability Management Daily.

World Bank buys back portion of fixed-to-floating notes due 2026

By Marisa Wong

Los Angeles, Sept. 17 – International Bank for Reconstruction and Development, or World Bank, announced it repurchased for retirement $14.2 million of its $667,816,000 fixed-to-floating rate notes with minimum and maximum interest rate due May 31, 2026 (ISIN: XS1410333527).

The repurchase was made at value and will settle Sept. 17.

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


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