World Bank to redeem all $50 million notes due Oct. 20, 2046

By Taylor Fox

New York, Oct. 5 – International Bank for Reconstruction and Development, or World Bank, plans to redeem all of its outstanding $50 million callable zero coupon notes due Oct. 20, 2046 (ISIN: XS1504066686) on Oct. 20, according to a news release.

The notes will be redeemed at 117.2%.

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

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.