Bond IBRD-Global 6.8% ( XS0301166319 ) in NZD
Issuer | IBRD-Global |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 6.8% per year ( payment time a year) |
Maturity | 15/05/2009 - Bond has expired |
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 | 4 000 000 NZD |
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 financial instrument, identified by ISIN Code XS0301166319, is an obligation issued by the International Bank for Reconstruction and Development (IBRD), a global development cooperative owned by 189 member countries and a key component of the World Bank Group, which aims to reduce poverty and support development through financial and technical assistance to developing countries worldwide; originating from the United States, this specific bond, denominated in New Zealand Dollars (NZD), carried an annual interest rate of 6.8% and represented a total issuance size of NZD 4,000,000, and while its original market price at issuance or near maturity was observed at 100% of its face value, reflecting its stable valuation and eventual par redemption, the obligation reached its maturity on May 15, 2009, and has since been fully redeemed, indicating the successful completion of its financial lifecycle and the return of principal to bondholders. |