Bond IBRD-Global 0% ( XS0155946246 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0155946246 ( in JPY )
Interest rate	0%
Maturity	28/10/2032
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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. A notable fixed-income instrument, identified by its ISIN code XS0155946246, is currently attracting market attention. This bond was issued by the International Bank for Reconstruction and Development (IBRD), a pivotal institution within the World Bank Group committed to reducing global poverty and fostering sustainable development in developing nations through financial and technical assistance. As a supranational entity with a strong credit rating, IBRD frequently issues bonds globally to finance its extensive programs. This specific issuance, originating from the United States, is denominated in Japanese Yen (JPY) and carries a total issue size of JPY 1,000,000,000. Structured with a zero interest rate, it functions as a zero-coupon bond, implying that no regular interest payments are distributed throughout its lifetime; instead, the return is typically realized from the difference between the purchase price and the full face value received upon maturity. The bond is scheduled to mature on October 28, 2032. Its current market price stands at 100% of its par value, indicating it is trading at its face amount.