Bond IBRD-Global 2.2% ( US45905U4G61 ) in USD
Issuer | IBRD-Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 2.2% per year ( payment time a year) |
Maturity | 28/09/2024 - Bond has expired |
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Minimal amount | / |
Total amount | 150 000 000 USD |
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. This financial article details a specific bond issuance, identified by ISIN code US45905U4G61, which was originally issued in the United States by the International Bank for Reconstruction and Development (IBRD). As a vital component of the World Bank Group, the IBRD functions as a global development cooperative owned by 189 member countries, primarily dedicated to reducing poverty and supporting sustainable development in middle-income and creditworthy poorer countries through various financial products and policy advice. Denominated in USD, this particular bond featured an annual interest rate of 2.2% and represented a total issuance size of $150,000,000. It reached its maturity date on September 28, 2024, at which point it was fully redeemed at its par value of 100%, signifying the successful repayment of principal to all bondholders. |