Investors benefit from investing in global and benchmark bonds because of IBRD's credit quality, liquidity and portfolio opportunities.
Typical Terms of World Bank (IBRD) Global Bonds (USD or EURO)
Average Summary and Conditions | |
Issue Size | 2-4 billion |
Maturity | 2, 5, 7, 10 or 30 years |
Coupon | Fixed, 30/360, semiannual |
Denomination | 1,000 or multiples thereof |
Listing | Luxembourg |
Form of Notes | Registered, Fed Bookentry notes (only USD) |
Clearing | Euroclear, Clearstream, Fedwire (only USD) |
Governing of Law | New York (for USD), English (for EUR)
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