Bond IBRD-Global 0% ( XS0156326828 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/12/2099 |
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Minimal amount | / |
Total amount | 3 000 000 000 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 significant long-term debt instrument bearing ISIN code XS0156326828 is currently observed in the financial markets, issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution within the World Bank Group. The IBRD, formally established in 1944, serves as a vital global development cooperative, providing loans and financial assistance to middle-income and creditworthy poorer countries to reduce poverty and support sustainable development through investments in education, health, public administration, infrastructure, financial and private sector development, agriculture, and environmental and natural resource management, underpinning its strong credit profile derived from the collective support of its member nations. This specific bond, denominated in Japanese Yen (JPY) and boasting a substantial total issue size of 3,000,000,000 JPY, originated from the United States and presents a distinctive zero-coupon structure, indicated by its 0% interest rate, which implies no periodic interest payments are distributed to bondholders throughout its extensive duration. Despite this characteristic, the bond is presently trading at its par value of 100% on the market, reflecting current investor sentiment and market conditions for instruments of this nature and issuer quality. Its extraordinarily distant maturity date of December 31, 2099, positions it as an ultra-long-term investment vehicle, appealing to investors seeking extended exposure to a supranational entity's creditworthiness without the need for managing reinvestment risk associated with traditional coupon-paying bonds. |