Moody's today affirmed the............>

US CORPORATES: Moody's today affirmed the International Bank for Reconstruction

and Development's (IBRD or World Bank) Aaa long-term issuer, (P)Aaa senior

unsecured MTN, and Aaa senior unsecured debt ratings. Concurrently, its

short-term rating of (P)P-1 has been affirmed" and the "outlook remains stable."

- They add that "key factors underpinning today's affirmation are:"

- "1) Very high capital adequacy, supported by a strong risk management

framework that contributes to asset performance;

- "2) Strong liquidity buffers and asset/liability management policies

- "3) Large cushion of callable capital and very strong willingness and ability

of global members to provide extraordinary support."

- It also said the "stable outlook reflects Moody's view that IBRD will maintain

its very

high capital adequacy and liquidity, very strong shareholder support, and

conservative risk management policies, thus keeping its credit profile in line

with its Aaa rating."