Bond IBRD-Global 0% ( XS0252081616 ) in USD
Issuer | IBRD-Global | ||
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Interest rate | 0% | ||
Maturity | 25/04/2036 | ||
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Minimal amount | / | ||
Total amount | 209 000 000 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. This financial article focuses on a bond issue identified by ISIN XS0252081616, originated by the International Bank for Reconstruction and Development (IBRD), a key global development institution within the World Bank Group whose mission is to reduce poverty and support sustainable development through financial and technical assistance to developing countries, thus benefiting from strong international backing that typically underpins high credit ratings; this specific USD-denominated instrument, issued in the United States, represents a total issuance size of $209,000,000, currently trades at 100% of its par value, and notably features a 0% interest rate, indicating its nature as a zero-coupon bond with all principal becoming due at its maturity on April 25, 2036. |