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International Bank for Reconstruction and Development

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  • Anonymous

Abstract

The International Bank for Reconstruction and Development on March 1, 1958, announced a loan equivalent to $75 million to the Cassa per il Mezzogiorno, a governmental agency for industry, agriculture, and electric power development in southern Italy. The loan, in which more than twenty financial institutions in the Federal Republic of Germany, the United States, and Canada participated, was for a term of twenty years and bore interest of 5½ percent, including the 1 percent commission allocated to the Bank's Special Reserve. Amortization on the loan, which was guaranteed by the Republic of Italy, was to begin on February 15, 1961.

Suggested Citation

  • Anonymous, 1958. "International Bank for Reconstruction and Development," International Organization, Cambridge University Press, vol. 12(3), pages 381-383, July.
    • Handle: RePEc:cup:intorg:v:12:y:1958:i:3:p:381-383_10
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    Cited by:

    1. Krzysztof WASNIEWSKI, 2017. "Financial Equilibrium in the Presence of Technological Change," Journal of Economics Library, KSP Journals, vol. 4(2), pages 160-171, June.
    2. M. El-Badry, 1965. "Trends in the components of population growth in the arab countries of the middle east: A survey of present information," Demography, Springer;Population Association of America (PAA), vol. 2(1), pages 140-186, March.
    3. Gallopin, Jean-Baptiste & Thomas, Eddie & Detzner, Sarah & De Waal, Alex, 2021. "Sudan’s political marketplace in 2021: public and political finance, the Juba agreement and contests," LSE Research Online Documents on Economics 111791, London School of Economics and Political Science, LSE Library.

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