Bond IBRD-Global 0% ( US45905UNP56 ) in USD
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/12/2099 |
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Minimal amount | / |
Total amount | 50 000 000 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 financial instrument currently drawing attention in the fixed-income market is a bond identified by its ISIN code US45905UNP56. This specific bond has been issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group. The IBRD is globally recognized for its critical mission of reducing poverty and supporting development in middle-income and creditworthy low-income countries through financial and technical assistance. Its bonds are highly regarded in the market due to the robust backing from its member states, contributing to their strong credit standing. This particular issuance originates from the United States and is denominated in US Dollars (USD). The total size of this bond issue amounts to USD 50,000,000. A distinctive characteristic of this security is its declared interest rate of 0%, indicating it operates as a zero-coupon bond, thus having no regular coupon payment frequency specified. Investors in zero-coupon bonds typically anticipate their return through the difference between the purchase price and the face value at maturity, or via capital appreciation. Despite its zero-coupon nature, the bond is currently quoted on the market at 100% of its face value. Furthermore, this instrument carries an exceptionally long maturity date, extending to December 31, 2099, positioning it as a very long-duration asset within the fixed-income spectrum. This extended time horizon, combined with its zero-coupon structure, renders it a unique proposition for investors seeking deeply dated, non-interest-bearing assets from a highly reputable supranational issuer. |