Bond IBRD-Global 0% ( XS0114490427 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0114490427 ( in JPY )
Interest rate	0%
Maturity	17/07/2020 - Bond has expired
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Minimal amount	/
Total amount	1 200 000 000 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. A recent financial event involved the full repayment of a zero-coupon bond issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group that provides financial and technical assistance to developing countries worldwide, particularly focusing on poverty reduction and sustainable development initiatives in middle-income and creditworthy poorer countries. This specific fixed-income instrument, identified by ISIN XS0114490427, originated from the United States and was denominated in Japanese Yen (JPY), representing a total issuance size of JPY 1,200,000,000. Characterized by its 0% interest rate, signifying a zero-coupon structure where investor returns are realized through the discount at which it was initially purchased and its repayment at par, the bond reached its maturity on July 17, 2020, and was subsequently fully redeemed at 100% of its face value, ensuring the complete return of principal to its holders.