Bond IBRD-Global 0% ( XS0305038720 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0305038720 ( in JPY )
Interest rate	0%
Maturity	22/06/2037
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Minimal amount	/
Total amount	100 000 000 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 recently observed fixed-income instrument issued by the International Bank for Reconstruction and Development (IBRD) offers a unique profile for investors. The IBRD, a key component of the World Bank Group, is an internationally recognized and highly-rated financial institution dedicated to reducing poverty and supporting development across middle-income and creditworthy poorer countries through financial products and policy advice, making its debt obligations highly sought after in global capital markets. This specific bond, identified by ISIN code XS0305038720, is a Japanese Yen (JPY) denominated obligation with a total issuance size of 100,000,000 JPY. Characterized as a zero-coupon bond, it features no periodic interest payments to investors, with its return typically derived from the difference between its discounted purchase price and its face value at maturity, though it is currently quoted at 100% of its par value on the market. Issued out of the United States, the bond is slated for maturity on June 22, 2037, representing a long-term investment horizon for its holders.