New Issue: World Bank's IBRD sells NGN 3.25 billion 13% one-year bond at par

By Aleesia Forni

Columbus, Ohio, Aug. 24 - The International Bank for Reconstruction and Development (Aaa/AAA/), a part of World Bank, priced a NGN 3.25 billion 13% one-year fixed-rate bonds at par, according to a press release.

JPMorgan was the lead manager for the transaction.

The issuer is based in Washington, D.C.

Issuer:	International Bank for Reconstruction and Development
Issue:	Fixed-rate bonds
Amount:	NGN 3.25 billion
Maturity:	Oct. 30, 2013
Manager:	JPMorgan
Coupon:	13%
Price:	Par
Trade date:	Aug. 24
Settlement date:	Sept. 4
Ratings:	Moody's: Aaa
	Standard & Poor's: AAA

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