Bond IBRD-Global 0% ( XS0304281966 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 19/06/2037 |
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Minimal amount | / |
Total amount | 250 000 000 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. This financial article details a specific bond issuance from the International Bank for Reconstruction and Development (IBRD), a prominent institution within the World Bank Group and a global development cooperative owned by 189 member countries, which provides loans, guarantees, risk management products, and advisory services to middle-income and creditworthy low-income countries, leveraging its robust financial standing derived from sovereign backing and a strong credit profile. The bond, identified by ISIN code XS0304281966, was originally issued in the United States and is denominated in Japanese Yen (JPY), representing a total issue size of JPY 250,000,000; this is notably a zero-coupon bond, bearing a 0% interest rate, which implies no periodic interest payments and thus no specified payment frequency, with its definitive maturity date set for June 19, 2037, and it is presently trading on the market at 100% of its par value. |