Bond IBRD-Global 7.5% ( XS0206346859 ) in ZAR

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0206346859 ( in ZAR )
Interest rate	7.5% per year ( payment time a year)
Maturity	31/12/2099
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Minimal amount	/
Total amount	150 000 000 ZAR
Next Coupon	15/12/2025 ( In 93 days )
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 informative analysis highlights a specific fixed-income instrument: a bond (ISIN: XS0206346859) issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a crucial component of the World Bank Group, functions as a global development cooperative owned by 189 member countries, dedicated to reducing poverty and fostering sustainable growth in developing nations through financial products and policy advice. Its strong credit standing as a supranational entity typically positions its debt offerings as highly stable investments. This particular bond, originating from the United States, demonstrates a total issue size of 150,000,000 units, denominated in South African Rand (ZAR). Market data indicates that the bond is currently trading at 100% of its par value, signifying that its current yield aligns directly with its stated coupon rate of 7.5%, assuming standard payment intervals. A distinctive feature of this instrument is its remarkably long maturity date, set for December 31, 2099, classifying it as an ultra-long-duration asset. While the specific frequency of coupon payments was not provided in the available data, bonds of this nature commonly feature semi-annual or annual distributions. This ZAR-denominated bond, backed by the creditworthiness of a leading global development institution, offers investors a fixed 7.5% coupon rate, providing a stable income stream for those seeking long-term exposure to the South African currency. Its extensive maturity profile inherently carries significant interest rate risk, but simultaneously offers the potential for prolonged yield generation.