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IBRD buys back Rs. 503.6 million of 4.9% and zero-coupon notes
By Sarah Lizee
Olympia, Wash., July 30 – International Bank for Reconstruction and Development, or World Bank, repurchased Rs. 255.6 million of its Rs. 1.3 billion of 4.9% notes due April 19, 2022 and Rs. 248 million of its Rs. 2.1 billion zero-coupon notes due June 15, 2021.
The repurchased 4.9% notes are being retired on July 30, and the repurchased zero-coupon notes are being retired on July 31.
IBRD offers loans to developing countries and is based in Washington, D.C.
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