Bond IBRD-Global 0% ( XS0134021830 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0134021830 ( in JPY )
Interest rate	0%
Maturity	30/08/2031
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Minimal amount	/
Total amount	1 000 000 000 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. An analysis of a specific debt instrument reveals a bond issued by the International Bank for Reconstruction and Development (IBRD), an integral part of the World Bank Group. The IBRD is a global development cooperative owned by 189 member countries, established to reduce poverty and support development through financial and technical assistance, policy advice, and knowledge sharing, primarily by providing loans to middle-income and creditworthy low-income countries for capital projects. This particular bond, identified by the ISIN code XS0134021830, originated from an issuance jurisdiction in the United States and is denominated in Japanese Yen (JPY). With a substantial total issue size of JPY 1,000,000,000, this instrument is scheduled to reach its maturity date on August 30, 2031. Notably, the bond carries a 0% interest rate, classifying it as a zero-coupon bond, implying that its return for investors is typically derived from the discount at which it was initially sold rather than through periodic coupon distributions; consequently, no coupon payment frequency is specified. The bond is currently trading at par, or 100% of its face value, on the secondary market.