Bond IBRD-Global 8% ( XS0286582811 ) in ZAR

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS0286582811 ( in ZAR )
Interest rate 8% per year ( payment time a year)
Maturity 21/05/2009 - Bond has expired



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Minimal amount /
Total amount 70 000 000 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.

A detailed review of a specific fixed-income instrument, identified by ISIN XS0286582811, reveals its nature as a bond issued by the International Bank for Reconstruction and Development (IBRD), the foundational institution of the World Bank Group, which operates as a global development cooperative owned by 189 member countries, committed to reducing poverty and supporting sustainable development in middle-income and creditworthy poorer countries through financial products and policy advice, with this particular security having originated from the United States, denominated in South African Rand (ZAR) with a total issue size of 70,000,000, and bearing an interest rate of 8%, having notably reached its maturity date on May 21, 2009, leading to its full redemption at 100% of its principal value.