Bond IBRD-Global 0% ( XS0101392875 ) in JPY
Issuer | IBRD-Global |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 08/09/2011 - Bond has expired |
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Minimal amount | / |
Total amount | 1 100 000 000 JPY |
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 analysis of a specific debt instrument, identified by its ISIN code XS0101392875, reveals a bond issued by the International Bank for Reconstruction and Development (IBRD). The International Bank for Reconstruction and Development (IBRD) is a global development cooperative owned by 189 member countries, serving as the original institution of the World Bank Group. Its primary mission is to reduce poverty and support sustainable development by providing financial products and policy advice to middle-income and creditworthy low-income countries. IBRD raises most of its funds in the international capital markets, making it a prominent and highly-rated issuer whose bonds are widely considered a benchmark for quality and stability among institutional investors. This particular bond, issued from the United States, was denominated in Japanese Yen (JPY) and represented a substantial total issuance size of JPY 1,100,000,000. Notably, the bond featured a 0% stated interest rate, a characteristic often associated with a zero-coupon structure where the investor's return is derived from the difference between its purchase price and its par value at maturity. At its redemption, the bond's market price was reported at 100% of its face value, confirming its full repayment. The instrument reached its maturity date on September 8, 2011, and has since been fully redeemed, underscoring the timely fulfillment of its obligations by the issuer. |