Bond IBRD-Global 0% ( US45905UK608 ) in USD

Issuer IBRD-Global
Market price 100 %  ⇌ 
Country  United States
ISIN code  US45905UK608 ( in USD )
Interest rate 0%
Maturity 19/07/2019 - Bond has expired



Prospectus brochure of the bond IBRD US45905UK608 in USD 0%, expired


Minimal amount /
Total amount 300 000 000 USD
Cusip 45905UK60
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 International Bank for Reconstruction and Development (IBRD) bond, identified by ISIN US45905UK608 and CUSIP 45905UK60, has successfully matured and been fully repaid, having originated from the United States with a total issue size of 300,000,000 USD; the IBRD, a global development cooperative owned by 189 member countries and a key part of the World Bank Group, issues such instruments to finance its mission of reducing poverty in middle-income and creditworthy poorer countries by promoting sustainable development, and this particular zero-coupon obligation, which carried a 0% interest rate despite an indicated semi-annual payment frequency, reached its maturity date on July 19, 2019, and was settled at its market price of 100%.