Bond IBRD-Global 0% ( XS0339803966 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 04/02/2038 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 1 000 000 000 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 detailed examination of a specific debt instrument reveals key characteristics pertinent to global financial markets, with this bond, identified by ISIN XS0339803966, having been issued by the International Bank for Reconstruction and Development (IBRD). The IBRD is a pivotal institution within the World Bank Group, dedicated to alleviating poverty and promoting sustainable development worldwide by providing financial and technical assistance to developing countries, supporting a wide array of projects from infrastructure to education and health, and is underpinned by the collective strength and creditworthiness of its member nations, affording its issuances a robust credit standing. This particular obligation, denominated in Japanese Yen (JPY) with a substantial total issue size of JPY 1,000,000,000, was issued from the United States and is notably structured as a zero-coupon bond, featuring a 0% interest rate, which means investors do not receive periodic interest payments but instead typically aim for capital appreciation upon maturity or purchase at a discount to par, though it is currently observed trading at 100% of its nominal value on the market. With a maturity date set for February 4, 2038, this instrument presents a unique profile for investors prioritizing capital preservation and exposure to a highly-rated issuer within the JPY-denominated long-term bond segment, particularly relevant in environments where interest rates remain exceptionally low or negative for specific currencies. |