Bond IBRD-Global 3.3% ( XS0229805642 ) in USD

Issuer IBRD-Global
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS0229805642 ( in USD )
Interest rate 3.3% per year ( payment time a year)
Maturity 19/12/2007 - Bond has expired



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Minimal amount /
Total amount 15 000 000 USD
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.

**IBRD Bond XS0229805642 Successfully Reaches Maturity and Redemption** This financial article provides a retrospective analysis of a specific bond issued by the International Bank for Reconstruction and Development (IBRD), which has successfully completed its full lifecycle and been fully repaid. Identified by its ISIN Code XS0229805642, this obligation was issued in the United States and denominated in US Dollars (USD). The International Bank for Reconstruction and Development (IBRD) serves as a critical institution within the World Bank Group, a global development cooperative owned by 189 member countries. Its primary mission is to reduce poverty and support sustainable development by providing financial products and policy advice to middle-income and creditworthy low-income countries. IBRD achieves this by leveraging its strong financial standing, backed by substantial capital from its member states, to issue bonds in international capital markets, thus channeling funds towards development projects worldwide. Its bond issuances are highly regarded in the financial community due to its robust credit ratings and commitment to fostering economic progress globally. Specifically, this bond represented a total issue size of 15,000,000 USD. It featured an annual interest rate of 3.3%, providing a consistent return to investors throughout its tenure. The bond reached its stipulated maturity date on December 19, 2007. At the time of maturity, the bond was fully redeemed, with the principal amount repaid to investors at its par value of 100%. This successful redemption signifies the complete fulfillment of the issuer's financial obligation, marking the orderly conclusion of this particular instrument's presence in the fixed-income market.