Bond IBRD-Global 0% ( XS0330117929 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0330117929 ( in JPY )
Interest rate	0%
Maturity	28/11/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
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 update on a specific fixed-income instrument reveals the full redemption of a bond issued by the International Bank for Reconstruction and Development (IBRD), a pivotal institution within the World Bank Group. The IBRD, dedicated to global poverty reduction and sustainable development by providing financing, guarantees, and analytical and advisory services to middle-income and creditworthy low-income countries, primarily funds its operations through bond issuances in international capital markets, a strategy underpinned by its strong credit standing. This particular bond, identified by ISIN XS0330117929, originated from the United States and was denominated in Japanese Yen (JPY), representing a total issue size of JPY 100,000,000. A distinctive characteristic of this security was its 0% stated interest rate, implying it functioned as a zero-coupon bond, where the return to investors was realized through the difference between the discounted issue price and its par value at maturity. The bond reached its scheduled maturity date on November 28, 2022, and has subsequently been confirmed as fully redeemed and repaid, with its market price at maturity standing at 100% of its principal value, thereby successfully fulfilling the issuer's obligation to its bondholders.