Bond IBRD-Global 7% ( XS0261174881 ) in ZAR

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS0261174881 ( in ZAR )
Interest rate 7% per year ( payment time a year)
Maturity 10/09/2008 - Bond has expired



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Minimal amount /
Total amount 60 000 000 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.

The financial instrument identified as ISIN XS0261174881, a bond issued in the United States by the International Bank for Reconstruction and Development (IBRD), a global development cooperative owned by 189 member countries and a crucial arm of the World Bank Group dedicated to reducing poverty and building shared prosperity in developing countries by providing loans, guarantees, risk management products, and analytical and advisory services, has successfully completed its lifecycle; this particular obligation, denominated in South African Rand (ZAR) with an original issue size of 60,000,000 and an established interest rate of 7%, reached its scheduled maturity on September 10, 2008, at which point it was fully redeemed at 100% of its principal value, thereby concluding its term as a debt instrument.