Bond IBRD-Global 0% ( US45905UT385 ) in USD
Issuer | IBRD-Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 26/03/2019 - Bond has expired |
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Minimal amount | / |
Total amount | / |
Cusip | 45905UT38 |
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 the recent maturity and full repayment of a specific bond, identified by ISIN US45905UT385 and CUSIP 45905UT38, which was issued from the United States by the International Bank for Reconstruction and Development (IBRD), a critical component of the World Bank Group functioning as a global development cooperative owned by 189 member countries, providing financial and technical assistance to developing countries worldwide with the aim of reducing poverty and supporting sustainable growth; this USD-denominated bond, notably featuring a 0% interest rate and an indicated semi-annual payment frequency, was fully redeemed at 100% of its value on its maturity date of March 26, 2019, thus completing its lifecycle in the market. |