Bond IBRD-Global 0% ( XS0345799893 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0345799893 ( in JPY )
Interest rate	0%
Maturity	26/02/2038
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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. This financial instrument, a zero-coupon bond identifiable by ISIN code XS0345799893 and currently trading at 100% of its par value, is denominated in Japanese Yen (JPY) with a total issue size of 250,000,000, maturing on February 26, 2038, and originating from the United States, its distinctive 0% interest rate indicating no periodic coupon payments with investor returns realized solely through the difference between the purchase price and its face value at maturity, all while being issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone of the World Bank Group, which operates as a global development cooperative owned by 189 member countries, steadfastly committed to alleviating poverty and fostering sustainable development in middle-income and creditworthy poorer nations through the provision of loans, guarantees, risk management products, and comprehensive analytical and advisory services, thereby underpinning the credit quality of its debt by virtue of its robust financial standing and backing from its diverse membership.