When it comes to debts, the World Bank and the IMF are authorities. But on afternoons this week, their Bank-Fund Music Group will be settling a debt with a different tender -- musical notes instead of bank notes.

"Through the Third Annual Piano Week at the World Bank," says Karl Jahr, who coordinates the Bank-Fund Music Group, "we try to repay our debt to the Washington community."

"Washington has an incredible number of excellent musicians who don't have enough performing opportunities," says Jahr. By hosting this series, he hopes to provide a venue for five local pianists.

On Monday, Philip Hosford, an artistic ambassador for the U.S. Information Agency, will perform works by Mozart, Chopin, Kodaly and Liapunov. On Tuesday, Tzvetan Konstantinov, a native of Bulgaria and a member of the Levine Trio, will perform works by Chopin and Mussorgsky. On Wednesday, Edward Newman, a member of the piano faculty of the Benjamin T. Rome School of Music, will perform works by Schubert, Chopin, Finney, Joplin and Robert Casadesus. On Thursday, Raymond Jackson, professor of music at Howard University, will perform works by Chopin, Poulenc, Debussy and Ravel, as well as Samuel Coleridge-Taylor's "Deep River" and "The Bamboula" from 24 Negro Melodies for Piano. And on Friday, Francis Conlon, a member of the Rosewood Consort, will perform works by Scarlatti, Debussy and Chopin.

All recitals begin at 1 p.m. at the "H" Building Auditorium on G Street NW between 19th and 20th streets.

The events are free and open to the public, with doors opening at 12:30.

-- Alex Stoll