New Issue- IBRD prices dual tranche deal

June 18 Wed Jun 18, 2014 11:11am EDT

June 18(Reuters) -Following are terms and conditions

of a dual tranche deal priced on Wednesday.

Borrower International Bank For Reconstruction & Development

(IBRD)

* * * *

Tranche 1

Issue Amount $2.25 billion

Maturity Date October 14, 2016

Coupon 0.625 pct

Reoffer price 99.852

Spread Minus 6 basis points

Underlying govt bond Mid-swaps, equivalent to 22.6bp

Over the 0.375 pct May 2016 UST

ISIN US459058DS95

* * * *

Tranche 2

Issue Amount $2.0 billion

Maturity Date June 24, 2021

Coupon 2.25 pct

Reoffer price 99.39

Spread 7 basis points

Underlying govt bond Mid-swaps, equivalent to 12.55bp

Over the 2.0 pct May 2021

ISIN US459058DT78

* * * *

Common terms

Payment Date June 25, 2014

Lead Manager(s) Barclays, J.P. Morgan, Morgan Stanley and Nomura

Ratings Aaa (Moody's) & AAA (S&P)

Listing Lux

Full fees Undisclosed

Denoms (K) 1

Governing Law New York

For ratings information, double click on

For all bonds data, double click on

For Top international bonds news

For news about this issuer, double click on the issuer RIC,

where assigned, and hit the newskey (F9 on Reuters terminals)