THE WORLD BANKSUSTAINABLE DEVELOPMENT BONDS

INVESTOR PRESENTATION

CONNECTING CAPITAL MARKETS TO DEVELOPMENT

WORLD BANK TREASURY

Capital Markets

INTRODUCING WHAT WE DOThe World Bank Connects Capital Markets to Development

World Bank bonds connect you to development.

You will be able to answer the following from this

presentation:

• What is the World Bank Group?

• What is the World Bank (IBRD)?

• What are Sustainable Development Bonds?

• Why invest?

• What is the impact of my investment?

• How can I learn more?

World Bank Investor Presentation 2019 | Why Invest? 2 of 14

THE WORLD BANK GROUPIBRD • IDA IFC • MIGA • ICSID

Guided by Global GoalsThe World Bank works toward the twin goals (end

extreme poverty & boost shared prosperity), and the

Sustainable Development Goals

Largest Source of Development FinanceThe World Bank is the premiere multinational

development bank, with over 70 years of experience &

expertise and US$185 billion in loans outstanding

Owned by Countries, the ClientsEstablished in 1944, The World Bank (IBRD) is owned

by 189 member countries and has over 12,000

employees in over 135 offices

END EXTREME POVERTY & BOOST SHARED PROSPERITY

World Bank Investor Presentation 2019 | Why Invest? 3 of 14

THE WORLD BANK IBRDInternational Bank for Reconstruction & Development (IBRD)

Lends to Middle-Income CountriesThe World Bank provides loans and advisory services

that generate income to support sustainable

development activities

Issues World Bank BondsAll issuances by World Bank are sustainable

development bonds and include a broad product mix,

spanning 60-plus currencies since 1947

Advises Countries on Capital MarketsThe World Bank advises countries to develop capital

markets and support issuance of bonds, including

tailored products like catastrophe bonds and green

bonds

CONNECTING CAPTIAL MARKETS TODEVELOPMENT

SUSTAINABLE DEVELOPMENT BONDSDoing Well by Doing Good.

01

02

03

Support the World Bank Group Twin Goals

The twin goals are to end

extreme poverty & boost

shared prosperity.

Support Sustainable Development Goals

The17 SDGs are urgent

calls to action across

sectors of life.

Support positive outcomesThe bonds support positive

environmental, social, and

governance outcomes in

countries.

All World Bank bonds are sustainable development bonds and provide investors with an opportunity to do

well by doing good. Investors can have confidence in both the quality and impact of their investment. George Richardson, Director, Capital Markets

SUSTAINABLE DEVELOPMENT BONDSA diverse triple-A rated product mix

Global & Benchmark

Bonds

Liquidity

US $2 billion, 10-Year,

2.500% due 2027.

Yield of 2.569%,

equivalent to 19.52

basis points over

2.250% U.S. Treasury

due 2027.

Non-Core CurrencyBonds

Diversification

Chinese renminbi 1.5

billion 3.5% due 2018

Zambian kwacha 200

million 14% due 2020

Structured Notes & Callable Bonds

Customization

Offered in major

currency, two years or

longer, fixed-rate, with

early redemption,

100% of notional.

Capital At Risk Notes

Yield Enhancement

The largest ever risk

insurance transaction,

US1.3 billion issue &

earthquake coverage

for Chile, Colombia,

Mexico & Peru.

Discount Notes& Custom Issues

Cash Management

Offered in US and

Euro Dollar markets,

with maturities of 13

months or less, and

greater than $50,000

through major dealers.

Sustainable Development BondsWorld Bank Bonds

Why Invest?

RecentIssues

WHY INVEST?World Bank bonds are supported by over 70 years of impact, strong credit & expertise.

R

IMPACT CREDIT EXPERTISE

I C E

GLOBAL GOALS

Our bonds support the

Twin goals & Sustainable

Development Goals

*

ESG

Our bonds provide positive

outcomes environmental,

social and governance

(ESG) outcomes

RATING & STRENGTH

We have a triple-A rating

since 1959 and have issued

debt since 1947

*

PREFERRED STATUS

We fund only sovereign-

guaranteed projects & have

a preferred creditor status

EXPERIENCE

We have access to over

70 years of institutional

experience

*

INNOVATION

We use our experience to

create new products,

develop new markets and

advise countries

WHY INVEST? IMPACTSustainable Development Bonds support Sustainable Development Goals & create positive ESG impacts

Clean Water & Healthy Oceans (SDGs 6 & 14)

Gender Equality (SDG 5)

Sustainable Cities (SDG 11)

Good Health & Well-Being (SDG 3)

Support Global GoalsAll World Bank bonds are sustainable development

bonds that support the SDGs and positive outcomes.

Meet Investors’ NeedsSustainable Development Bonds support some

or all of the SDGs, and the World Bank

Treasury creates products that meet investors’

while supporting our goals.

Report ImpactsThe net proceeds of Sustainable Development

Bonds support World Bank projects and follow

a robust set of reporting guidelines to track

impacts for investors who want to do well by

doing good.

THEMES IN FOCUS

WHY INVEST? CREDITQuality Loan Portfolio | Diversified Base | Prudent Management | Substantial Liquidity

QUALITY LOAN PORTFOLIO• Global diversification

• Only sovereign or sovereign-guaranteed projects loans

• Preferred creditor status

• Concentration limits

• Borrowing clients are also shareholders which increases

incentive to repay

DIVERSIFIED SHAREHOLDER BASE• 189 shareholders countries are also clients

• Callable capital serves as additional protection for bondholders,

and no call has ever been made

• Equity-to-loan key targets do not include callable capital

WHY INVEST? CREDITQuality Loan Portfolio | Diversified Base | Prudent Management | Substantial Liquidity

PRUDENT RISK MANAGEMENT• Statutory lending limit

• Foreign currency and interest rate risk are managed carefully

• Total Subscribed Capital: US$274.7B

• Callable Capital: US$258.3B

• Paid-in Capital: US$16.4B

SUBSTANTIAL LIQUIDITY• Target liquidity level represents 12 months coverage

• Financial flexibility from actual liquidity exceeding estimated

liquidity requirement (target level for FY19 is set at US$56B)

• Portfolio is managed against strict guidelines, requiring at least

AA- for fixed income securities & AAA for corporates and ABS

WHY INVEST? EXPERTISEPioneering new markets, creating new products & sharing expertise since 1947

First Swap1981

Created the first swap with

IBM, developing a $500-

plus trillion swap market

First E-Bond2000

Created the first bond to

be offered to investors

globally by the Internet

First Blockchain Bond2018

Created first bond to be

allocated, transferred & managed

through its life cycle using

distributed ledger technology

First Global Bond1989

Created the first global

bond, developing a

billion-dollar market

First Green Bond2008

Launched the first green

bond market & catalyzed

the market for sustainable

investing

QUESTIONS? CONTACT USThe World Bank investor relations team is here to answer your questions.

1818 H ST NWWashington, DC 20433

THE WORLD BANK

treasury.worldbank.orgdebtsecurities@worldbank.org

EMAIL WEBSITE

THE WORLD BANK IBRDThe Fine Print

• All photos, graphics and content © The World Bank

• This presentation has been prepared by the World Bank (International Bank for Reconstruction and Development, IBRD) for information purposes only, and the IBRD makes no

representation, warranty or assurance of any kind, express or implied, as to the accuracy or completeness of any of the information contained herein.

• No Offer or Solicitation Regarding Securities. This presentation may include information relating to certain IBRD securities. Any such information is provided only for general

informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy any IBRD securities. All information relating to securities should be read in

conjunction with the appropriate prospectus and any applicable supplement and Final Terms thereto, including the description of the risks with respect to an investment in such

securities, which may be substantial and include the loss of principal. The securities mentioned herein may not be eligible for sale in certain jurisdictions or to certain persons.

• Consult with Advisors. Investors considering purchasing an IBRD security should consult their own financial and legal advisors for information about such security, the risks and

investment considerations arising from an investment in such security, the appropriate tools to analyze such investment, and the suitability of such investment to each investor's

particular circumstances. • No Guarantee as to Financial Results. IBRD does not warrant, guarantee or make any representation or warranties whatsoever, express or implied,

or assumes any liability to investors regarding the financial results of the IBRD securities described herein.

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