Bond IBRD-Global 7.1% ( XS0223344093 ) in ZAR

Issuer IBRD-Global
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS0223344093 ( in ZAR )
Interest rate 7.1% per year ( payment time a year)
Maturity 10/07/2014 - Bond has expired



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Minimal amount /
Total amount 50 000 000 ZAR
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 reviews the bond identified by ISIN XS0223344093, an obligation issued by the International Bank for Reconstruction and Development (IBRD), a global development institution and a part of the World Bank Group dedicated to poverty reduction and supporting development in developing countries through financial and technical assistance. Issued in the United States, this ZAR 50,000,000 South African Rand-denominated instrument carried an interest rate of 7.1% and, upon its maturity on July 10, 2014, was successfully redeemed at 100% of its principal value, confirming its full repayment to investors.