Bond IBRD-Global 0% ( XS0143974342 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 11/03/2032 |
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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 provides a detailed examination of a specific debt instrument currently active in the market. The bond in question, identified by ISIN Code XS0143974342, is a noteworthy issuance from the International Bank for Reconstruction and Development (IBRD). This particular bond is denominated in Japanese Yen (JPY) and carries a unique characteristic of a zero-coupon rate (0% interest), meaning no periodic coupon payments are made, with returns realized from the difference between the purchase price and the face value at maturity. It was issued from the United States, indicating the global reach of such financial instruments, and is currently trading at par, specifically 100% of its face value on the market. Its total issuance size amounts to JPY 2,000,000,000, and it is set to mature on March 11, 2032, offering a medium-to-long-term investment horizon. The issuer of this bond, IBRD, stands as a prominent global financial institution; as a core component of the World Bank Group, the International Bank for Reconstruction and Development plays a pivotal role in global development efforts, primarily focused on reducing poverty in middle-income and creditworthy poorer countries by promoting sustainable development through various financial and advisory services. IBRD finances its extensive development activities predominantly through the issuance of bonds in international capital markets, leveraging its strong credit standing?typically rated AAA by major credit rating agencies?which reflects the robust support from its member countries, enabling the institution to borrow at favorable rates and pass on these benefits to its borrowing member nations. This specific JPY-denominated zero-coupon bond, maturing in 2032, therefore represents a direct investment in the long-term funding activities of a leading multilateral development bank, appealing to investors seeking exposure to the Japanese Yen without periodic income streams and relying instead on capital appreciation at maturity, combined with the high credit quality associated with an entity like IBRD. |