Bond IBRD-Global 10% ( XS0347926825 ) in ISK

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0347926825 ( in ISK )
Interest rate	10% per year ( payment time a year)
Maturity	03/03/2009 - Bond has expired
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Minimal amount	/
Total amount	310 000 000 ISK
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 examination of the financial instrument identified by ISIN code XS0347926825 reveals it to be a debt obligation issued by the International Bank for Reconstruction and Development (IBRD). As a core institution within the World Bank Group, IBRD plays a crucial role in global development by providing financial and technical assistance to developing countries worldwide, aiming to reduce poverty and support sustainable development through long-term loans and other services, often funded by issuing bonds in international capital markets. This particular bond, which originated from the United States, was denominated in Icelandic Króna (ISK) and featured an annual interest rate of 10 percent. The total size of this issuance amounted to ISK 310,000,000. It reached its scheduled maturity on March 3, 2009, at which point it was successfully redeemed, with its market price at redemption recorded at 100 percent of its face value, signifying a full repayment to its bondholders.