Bond IBRD-Global 0% ( XS0314853390 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0314853390 ( in JPY )
Interest rate	0%
Maturity	28/08/2037
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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. An in-depth analysis focuses on a specific debt instrument, identified by its International Securities Identification Number (ISIN): XS0314853390. This bond is issued by the International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group. As a global development cooperative owned by 189 member countries, IBRD's core mission is to reduce poverty and support sustainable development by providing financing, policy advice, and technical assistance to middle-income and creditworthy low-income countries. Its robust financial standing, supported by a broad base of international shareholders, underpins the credit quality of its issued securities. The bond itself is denominated in Japanese Yen (JPY) and carries a total issuance size of 100,000,000 JPY. Characterized as a zero-coupon bond, it features a 0% interest rate and, consequently, no stated payment frequency, meaning investors purchase the bond at its nominal value and receive the full principal amount at its maturity on August 28, 2037, with no intermediate interest payments. Originating from the United States as its country of issuance, the bond is currently trading at 100% of its nominal value on the market, indicating it is priced at par, reflecting a specific market condition where the yield to maturity matches its zero-coupon characteristic.