By Andrea Heisinger
New York, Oct. 19 - International Bank for Reconstruction and Development sold $4 billion of 0.5% two-year notes on Wednesday to yield Treasuries plus 24 basis points, an informed source said.
The notes (Aaa/AAA/AAA) were priced at 99.988. They are non-callable.
Bookrunners were BNP Paribas Securities Corp., Citigroup Global Markets Inc., Daiwa Securities America Inc. and RBC Capital Markets LLC.
The member of the World Bank provides loans to developing countries and is based in Washington, D.C.
Issuer: | International Bank for Reconstruction and Development
|
Issue: | Notes
|
Amount: | $4 billion
|
Maturity: | Nov. 26, 2013
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Bookrunners: | BNP Paribas Securities Corp., Citigroup Global Markets Inc., Daiwa Securities America Inc., RBC Capital Markets LLC
|
Coupon: | 0.5%
|
Price: | 99.988
|
Spread: | Treasuries plus 24 bps
|
Call: | Non-callable
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Trade date: | Oct. 19
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Settlement date: | Oct. 26
|
Ratings: | Moody's: Aaa
|
| Standard & Poor's: AAA
|
| Fitch: AAA
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