Bond IBRD-Global 2.2% ( AU0000020612 ) in AUD

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	AU0000020612 ( in AUD )
Interest rate	2.2% per year ( payment 1 time a year)
Maturity	28/08/2020 - Bond has expired
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Minimal amount	500 000 AUD
Total amount	110 000 000 AUD
Detailed description	The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects. An analysis of a specific fixed-income instrument reveals details of a bond issued by the International Bank for Reconstruction and Development (IBRD), identified by ISIN code AU0000020612. The IBRD, a crucial component of the World Bank Group, operates with a mandate to reduce poverty and support sustainable development through providing financial products and policy advisory services to middle-income and creditworthy poorer countries. This particular bond, denominated in Australian Dollars (AUD), was originally issued from the United States with a total issue size amounting to AUD 110,000,000. It offered investors an annual interest rate of 2.2% with annual payment frequency, and featured a minimum purchase requirement of AUD 500,000. This financial instrument reached its full maturity on August 28, 2020. At the point of maturity, the bond was fully redeemed at 100% of its face value, reflecting its successful and completed lifecycle within the financial markets.