HOLD FO           RELEASE
          .                  .       .

: . INTERNATIONAL BANK FOR
    RECONSTRUCTION Al'!D DEVELOPtvl
    1818 H STREET,    N.W., WASHINGTON 25, D. C.      TELEPHONE: EXECUTIVE   3-6360




          For Release                                        SUBJECT;    Def'initive Bonds available
          AM Newspapers                                                  for 4-3/4% issue due
              October 24, 1958                                           March l, 1980

                  The World Bank announces ·that holders of its         4-3/4%   Twehty-Three
          Year Bonds of 1951, due November 1, 1980, may exchange their bonds, at
              present in temporary form, for definitive bonds at the Federal Reserve
              Bank of New York on or after November    3, 1958. Definitive bonds will be
              available in bearer form (with coupons attached) in denominations of $1.,000,
          $10,000 and $100,000, and in fully registered form in denominatiohs of

•         $1,000 or any multiple of $1,000.        Holders of temporary bonds may obtain
          forms requesting the exchange from the Federal Reserve Bank of New York,
          33 Liberty Street, New York     45,   New York •




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