Bond IBRD-Global 0% ( XS0342840674 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0342840674 ( in JPY )
Interest rate	0%
Maturity	12/02/2038
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Minimal amount	/
Total amount	200 000 000 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 fixed-income instrument identified by ISIN XS0342840674 is issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group. The IBRD operates as a global development cooperative owned by 189 member countries, committed to reducing poverty in middle-income and creditworthy poorer nations through the promotion of sustainable development via financial assistance and advisory services, primarily raising its funds through debt issuances in international capital markets. This specific bond, originating from the United States, is denominated in Japanese Yen (JPY) and carries a total issuance volume of JPY 200,000,000. Characterized by a 0% coupon rate, it functions as a zero-coupon bond, meaning there are no periodic interest payments, with investors receiving the principal amount at maturity. The bond's current market price is reported at 100% of its par value, and its final maturity date is set for February 12, 2038, with no specified payment frequency given its zero-coupon nature.