Bond IBRD-Global 0% ( US45905ADE55 ) in USD

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	US45905ADE55 ( in USD )
Interest rate	0%
Maturity	14/07/2029
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Cusip	45905ADE5
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. Identified by ISIN US45905ADE55 and CUSIP 45905ADE5, this financial instrument is a zero-coupon bond issued by the International Bank for Reconstruction and Development (IBRD), a pivotal entity within the World Bank Group committed to global poverty reduction and sustainable development by providing financial and technical assistance to developing countries; issued in the United States and denominated in USD, this bond is currently trading at par (100%), features a 0% interest rate, and matures on July 14, 2029, operating as a zero-coupon instrument that does not pay periodic interest, with its return typically derived from being purchased at a discount to its face value, and for which a biannual payment frequency (2) specifically refers to the principal repayment at its maturity.