Bond IBRD-Global 0% ( US45905UBY91 ) in USD

Issuer IBRD-Global
Market price refresh price now   100 %  ⇌ 
Country  United States
ISIN code  US45905UBY91 ( in USD )
Interest rate 0%
Maturity 31/12/2099



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Minimal amount /
Total amount 20 000 000 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 detailed financial article examines a specific bond, identified by the International Securities Identification Number (ISIN) US45905UBY91, issued by the International Bank for Reconstruction and Development (IBRD), a pivotal institution within the World Bank Group. Established in 1944 at the Bretton Woods Conference, IBRD's core mission is to alleviate poverty and foster sustainable development by providing financial products, policy advice, and technical assistance to creditworthy middle-income and low-income countries, distinguishing itself in global capital markets through its strong credit ratings, typically AAA, supported by substantial callable capital from its member states and a preferred creditor status. This particular obligation, issued in the United States and denominated in United States Dollars (USD), exhibits several distinct characteristics: it is a zero-coupon bond, as indicated by its 0% interest rate and an unlisted payment frequency, meaning investors generate returns from the discount between its purchase price and the full principal repayment at its extraordinarily long maturity date of December 31, 2099, classifying it as an ultra-long-term or 'century' bond. With a total issuance size of $20,000,000 and currently trading at 100% of its par value on the market, this security represents a unique offering from a supranational entity, appealing to investors seeking long-duration exposure and the credit quality associated with IBRD's development mandate.