Bond IBRD-Global 0% ( XS0108246306 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0108246306 ( in JPY )
Interest rate	0%
Maturity	31/12/2099
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Minimal amount	/
Total amount	2 000 000 000 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. This financial article details a specific bond instrument, ISIN XS0108246306, a zero-coupon obligation issued by the International Bank for Reconstruction and Development (IBRD), the largest component of the World Bank Group and a global development cooperative providing financial products and policy advice to middle-income and creditworthy low-income countries. Issued in the United States, this JPY-denominated bond has a total issuance size of JPY 2,000,000,000 and is characterized by its 0% interest rate, reflecting its zero-coupon nature which implies no periodic payment frequency. The instrument carries a distant maturity date of December 31, 2099, and is currently trading at 100% of its face value on the market.