Bond IBRD-Global 0% ( XS0295696909 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0295696909 ( in JPY )
Interest rate	0%
Maturity	24/04/2037
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Minimal amount	/
Total amount	400 000 000 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 current market overview highlights the bond identified by ISIN XS0295696909, issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group dedicated to global poverty reduction and sustainable development by providing financial and technical assistance to middle-income and creditworthy low-income countries, predominantly funding its operations through highly-rated bond issuances in international capital markets; this specific fixed-income instrument, originating from the United States, is presently valued at 100% of its par value and denominated in Japanese Yen (JPY) with a total issue size of JPY 400,000,000, notably featuring a 0% interest rate which indicates its structure as a zero-coupon bond, meaning investors derive their return from the accretion of value over time as the bond approaches its full principal repayment on its maturity date of April 24, 2037, rather than through periodic coupon payments.