IBRD plans 250 mln minimum sterling bond -lead

LONDON | Tue Jan 15, 2008 3:33am EST

LONDON Jan 15 (Reuters) - The International Bank for Reconstruction and Development [IBRD.UL] plans to sell a 250 million pound minimum ($490 million) 2-year bond, an official at one of the banks managing the sale said on Tuesday.

Guidance has been set at gilts plus 36 basis points area, the official said.

Royal Bank of Scotland and UBS are managing the sale.

IBRD is rated triple-A by all three major rating agencies.

(Reporting by Natalie Harrison)

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