Bond IBRD-Global 0% ( XS0373687689 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0373687689 ( in JPY )
Interest rate	0%
Maturity	09/07/2038
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Minimal amount	/
Total amount	500 000 000 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 detailed financial overview of the bond identified by ISIN code XS0373687689 reveals it was issued by the International Bank for Reconstruction and Development (IBRD), widely known as the World Bank, a cornerstone global development institution and part of the World Bank Group providing financing, policy advice, and technical assistance to middle-income and creditworthy low-income countries to promote sustainable development and poverty reduction, with this specific issuance originating from the United States, currently trading at 100% of its par value on the market, denominated in Japanese Yen (JPY) with a total issue size of 500,000,000 JPY, and notably characterized by a 0% interest rate, classifying it as a zero-coupon bond with no periodic interest payments, and scheduled to mature on July 9, 2038, with the absence of a specified payment frequency being consistent with its zero-coupon structure.