Bond IBRD-Global 0% ( XS0287023377 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 27/02/2037 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 200 000 000 JPY |
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 recent analysis highlights a specific bond issuance, identified by ISIN code XS0287023377, representing a noteworthy instrument for investors seeking exposure to high-grade debt. The bond is issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution within the World Bank Group. As a global development cooperative owned by 189 member countries, IBRD's primary mission is to reduce poverty and support sustainable development in middle-income and creditworthy poorer countries through financial products and policy advice. Its robust financial standing, underpinned by its member states and a history of strong financial performance, leads to its bonds often being rated Triple-A, positioning them as highly regarded safe-haven assets in global financial markets. This particular bond, issued out of the United States, is denominated in Japanese Yen (JPY) and carries a substantial total issue size of 200,000,000 JPY. A distinctive feature of this offering is its 0% interest rate, categorizing it as a zero-coupon bond, which means investors do not receive periodic interest payments; rather, the investment return is typically realized through capital appreciation from purchasing the bond at a discount and receiving its full nominal value at maturity. The bond is set to mature on February 27, 2037, offering a long-term investment horizon. Currently, it is reported to be trading at 100% of its nominal value on the market, implying that an investor purchasing at this price and holding until maturity would effectively realize a 0% yield from this point forward, highlighting its appeal for capital preservation or specific portfolio allocation strategies in ultra-low yield environments, particularly in the context of JPY-denominated assets. |