Bond IBRD-Global 0% ( XS0307182831 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0307182831 ( in JPY )
Interest rate	0%
Maturity	05/03/2037
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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 financial overview of bond ISIN XS0307182831 reveals a debt instrument issued by the International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group. The IBRD's fundamental mandate is to reduce poverty and support sustainable development across middle-income and creditworthy low-income countries through a range of financial products, policy advice, and technical assistance, underpinned by its strong credit rating derived from its robust financial position and the collective support of its 189 member countries. This particular bond, originating from the United States, is denominated in Japanese Yen (JPY) and represents a total issuance size of JPY 200,000,000. A distinctive characteristic of this instrument is its 0% interest rate, which classifies it as a zero-coupon bond; unlike traditional bonds, it does not provide periodic interest payments, with investor returns typically realized from purchasing the bond at a discount and receiving its full par value upon maturity. Currently, the bond is quoted at 100% of its par value in the market, reflecting its trading at par. Its fixed maturity date is March 5, 2037, establishing a long-term investment horizon, and consistent with its zero-coupon structure, there are no interim payment frequencies beyond the principal repayment at the aforementioned maturity date.