Bond IBRD-Global 0% ( XS0343829304 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0343829304 ( in JPY )
Interest rate	0%
Maturity	19/02/2038
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Minimal amount	/
Total amount	250 000 000 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 in-depth analysis of a specific debt instrument unveils the key characteristics of the bond identified by ISIN code XS0343829304. This bond has been issued by the International Bank for Reconstruction and Development (IBRD), widely recognized as the World Bank, a preeminent global financial institution committed to fostering sustainable development and reducing poverty in developing countries worldwide. IBRD achieves its mission by providing financial and technical assistance, and its bond issuances are a primary mechanism for funding these impactful initiatives, making its debt instruments a cornerstone for investors seeking both financial return and social impact. This particular bond, denominated in Japanese Yen (JPY), was issued with a total size of 250,000,000 JPY. Notably, it features a zero-coupon interest rate, indicating that investors will not receive periodic interest payments but rather anticipate the full principal repayment at its maturity on February 19, 2038. This structure implies the bond was either issued at a discount to yield a return over time or designed for specific market conditions where the absence of coupon payments is advantageous. Currently, the bond is observed trading at 100% of its par value in the market. Originated from the United States, this long-term security offers investors exposure to the robust credit quality of a multilateral development bank through a JPY-denominated zero-coupon structure extending until 2038.