Bond IBRD-Global 0% ( XS0327837596 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0327837596 ( in JPY )
Interest rate	0%
Maturity	06/11/2037
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Minimal amount	/
Total amount	150 000 000 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 distinctive debt instrument, identified by its ISIN XS0327837596, is an obligation issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a cornerstone institution of the World Bank Group, operates as a global development cooperative owned by 189 member countries, dedicated to reducing poverty in middle-income and creditworthy poorer countries by fostering sustainable development through financial products, advisory services, and knowledge sharing. As a highly-rated multilateral development bank, IBRD bonds are often sought after for their perceived safety and support for global development initiatives. This specific bond, denominated in Japanese Yen (JPY), was issued in the United States with a substantial total issue size of 150,000,000 JPY. A key characteristic of this obligation is its zero-coupon structure, reflected by an interest rate of 0%, meaning investors do not receive periodic coupon payments. Instead, the investment return for such instruments is typically realized through capital appreciation from a discount purchase price to the par value at maturity, or by holding the bond to its full term. The bond features a long-term maturity date of November 6, 2037, offering a protracted investment horizon. Currently, its market price stands at 100% of its face value, and consistent with its zero-coupon nature, no specific payment frequency for interest disbursements is applicable.