Bond IBRD-Global 9.1% ( XS0317508819 ) in ZAR

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0317508819 ( in ZAR )
Interest rate	9.1% per year ( payment time a year)
Maturity	10/08/2011 - Bond has expired
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Minimal amount	/
Total amount	50 000 000 ZAR
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 examination of a specific fixed-income instrument, identified by the ISIN XS0317508819, provides a historical perspective on a debt offering from the International Bank for Reconstruction and Development (IBRD). As a central institution within the World Bank Group, the IBRD serves as a global development cooperative owned by 189 member countries, primarily focused on reducing poverty and supporting development through financial and technical assistance to middle-income and creditworthy poorer countries. This particular bond, originating from the United States and denominated in South African Rand (ZAR), represented a total issuance size of 50,000,000 ZAR and carried a significant annual interest rate of 9.1%. The instrument reached its scheduled maturity date on August 10, 2011, and was subsequently redeemed, with its market value effectively standing at 100% at the point of repayment, confirming the successful conclusion of the investment cycle for its holders.