Bond IBRD-Global 5.4% ( XS0268645347 ) in AUD

Issuer IBRD-Global
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  XS0268645347 ( in AUD )
Interest rate 5.4% per year ( payment time a year)
Maturity 31/12/2099



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Minimal amount /
Total amount 70 000 000 AUD
Next Coupon 12/10/2025 ( In 29 days )
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 article provides a detailed overview of a specific bond issuance, identified by its International Securities Identification Number (ISIN) XS0268645347, issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a core institution of the World Bank Group, stands as a premier global development bank committed to reducing poverty in middle-income and creditworthy poorer countries. It achieves this by fostering sustainable development through a range of financial products, including loans, guarantees, and risk management solutions, complemented by analytical and advisory services. Bonds issued by the IBRD are widely regarded as high-quality investments due to the institution's robust credit standing, underpinned by its multilateral nature and the backing of its member countries, which collectively aim to ensure its financial stability and capacity to fulfill its development mandate. Focusing on the specific characteristics of this debt instrument, it was issued in the United States but is denominated in Australian Dollars (AUD), signaling its appeal to a diverse international investor base seeking exposure to this currency. The bond carries a fixed annual interest rate, or coupon, of 5.4%, providing a consistent and attractive income stream to bondholders. The total size of this particular issuance is AUD 70,000,000, representing a substantial capital raise for the IBRD to fund its various development projects worldwide. One of the most notable features of this bond is its extraordinarily long maturity date of December 31, 2099. This extended duration positions it as a very long-term or quasi-perpetual instrument, appealing particularly to institutional investors or those seeking extremely long-dated exposure for liability matching or long-term portfolio strategies. Currently, the bond is trading at 100% of its par value on the market, indicating that it is priced at its face value, which reflects market conditions relative to its coupon and the issuer's strong credit quality. While the precise frequency of coupon payments was not specified, bonds of this nature typically provide regular interest distributions to investors, commonly on a semi-annual or annual basis, ensuring predictable cash flows over its extensive lifespan.