The World
Bank Interest Rate
The International Bank for
Reconstruction and Development (IBRD) offers two loan
products, which are LIBOR-based variable-spread loan (VSL)
and LIBOR-based fixed-spread loan (FSL). Their interest
rates are below:
Variable-Spread Loan Rate:
The lending rate for VSLs is tied to six-month LIBOR in
each loan currency. It is reset semiannually. The spread
is a pass-through to borrowers of the IBRD's weighted
average cost margin relative to 6-month LIBOR for funding
allocated to these loans, and is recalculated semiannually.
As of May 15, 2003, the interest rate for US dollar VSL
is 1.7%.
Fixed-Spread Loan Rate: The
lending rate for FSLs is tied to six-month LIBOR in each
loan currency. It is reset semiannually. The spread over
LIBOR is fixed for the life of the loan. As of 12:01 a.m.
Washington, DC time, November 26, 2002, the fixed spread
for US dollar FSL is 0.5%.
6-month LIBOR:
|
|
|
11/01/2004
|
2.30000
|
|
10/15/2004
|
2.21000
|
|
10/01/2004
|
2.16875
|
|
09/15/2004
|
2.06000
|
|
09/01/2004
|
1.99000
|
|
08/15/2004
|
1.92000
|
|
08/01/2004
|
1.98625
|
|
07/15/2004
|
1.86000
|
|
07/01/2004
|
1.94000
|
|
06/15/2004
|
1.86000
|
|
06/01/2004
|
1.57875
|
|
05/15/2004
|
1.54000
|
|
05/01/2004
|
1.37000
|
|
|
|
|
|
|
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