Announcement of World Bank Euroyen Issue on January 28, 1986

FOR IMMEDIATE RELEASE World Bank 1818 H Street, N.W., Washington, D.C. 20433, U.S.A. FFB lNlfRN!iT) ,· :r:coN.s11.u 'r . o,11.t P ux rOR \.' A /( I h/") D " ,<, l "l iV '_OPtU;, NEWS RELEASE Contact: S. Rappaport January 28, 1986 (202) 477-5323 WORLD BANK EUROYEN ISSUE A Yen 25 billion (approximately US$ 128 million) public offering of bonds of the International Bank for Reconstruction and Development (The World Bank) was announced in London today. The 6.50 percent,' 10-year bonds were priced at 101-3/8 percent and will yield 6.31 percent on an annual basis. Interest on the non-callable bonds is payable annually on February 13. The issue is lead-managed by Yamaichi Securities Company Limited in association with the following co-managers: AJgemene Hank Nederland N.V., Bank of Tokyo International Limited, Banque Nationale de Paris, Citicorp Investment Bank Limited, Daiwa Europe Limited, Oeutsche Hank, IH.T International Limited, LTCB International Limited, Mitsui Trust Bank (Europe) S.A., The Nikko Securities Co., (Europe) Ltd., Nippon Credit Internatjonal (HK) Ltd., Nomura International Limited, Swiss Bank Corporation International Limited, Tokai International Ljmited, Toyo Trust Internatjonal Limited, and S.G. Warburg & Co., Ltd. The issue is being offered in the international capital marKets and will be listed on the Luxembourg Stock Exchange. The World Hank has now concluded nine Euroyen issues for an aggregate amount of Yen 190 billion (about US$ 969 million). - 0 -