International Bank for Reconstruction and Development
| Company Deal | sale of 25-year bonds of 1951 |
|---|---|
| Transaction Type | Bonds |
| Deal Description | The International Bank for Reconstruction and Development used the net proceeds from this transaction for its general operations. The bank's operations included assisting in the reconstruction and development of its member countries by facilitating the investment of capital for productive purposes, promoting private foreign investments by guarantees of and participation in loans and other investments, and making available loans for productive purposes out of its own resources or funds borrowed by it. |