Bond IBRD-Global 0% ( XS0370740630 ) in USD

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0370740630 ( in USD )
Interest rate	0%
Maturity	27/06/2038
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Minimal amount	/
Total amount	206 600 000 USD
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 analysis of the bond market reveals details concerning a specific Bond Instrument identified by ISIN: XS0370740630, issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a vital global development cooperative owned by 189 member countries, serves as a primary lending arm of the World Bank Group, providing financial products and policy advice to help developing countries reduce poverty and build shared prosperity, leveraging its strong credit rating to raise capital efficiently. This particular bond, originating from the United States market, is denominated in USD and represents a Total Issuance Size of 206,600,000. Characterized as a zero-coupon bond with a stated Interest Rate of 0%, its current market quotation stands at 100% of par, which implies that, without principal adjustments or other embedded features, holding this instrument until its Maturity Date of June 27, 2038, would realize no nominal yield from its face value. The lack of a specified payment frequency is consistent with its zero-coupon nature, where the principal value is repaid in full at maturity.