Bond IBRD-Global 0% ( US45905UB524 ) in USD
Issuer | IBRD-Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 05/01/2024 - Bond has expired |
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Minimal amount | / |
Total amount | 525 000 000 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. A recent financial update confirms the successful maturity and redemption of the bond identified by ISIN US45905UB524, issued by the International Bank for Reconstruction and Development (IBRD), a global development cooperative owned by 189 member countries and the lending arm of the World Bank Group, dedicated to reducing poverty and supporting development, with its country of issuance being the United States; this particular bond, denominated in USD, represented a total issue size of $525,000,000 and featured a 0% interest rate, reaching its maturity on January 5, 2024, at which point it was fully redeemed at 100% of its face value. |