Bond IBRD-Global 0% ( XS0215660043 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0215660043 ( in JPY )
Interest rate	0%
Maturity	27/03/2035
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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. A financial market analysis reveals details of a specific bond (ISIN: XS0215660043) issued by the International Bank for Reconstruction and Development (IBRD), a crucial component of the World Bank Group dedicated to reducing poverty and supporting development by providing financing, guarantees, and analytical and advisory services to middle-income and creditworthy low-income countries; this bond, denominated in Japanese Yen (JPY) with a total issue size of JPY 1,000,000,000 and issued in the United States, is set to mature on March 27, 2035, currently trades at 100% of its par value, and notably features a 0% interest rate, indicating it offers no periodic coupon payments and, if acquired at its current market price, would provide investors with only the principal repayment at its maturity date, resulting in a zero yield to maturity from this point forward.