Bond IBRD-Global 6.6% ( XS0375463998 ) in NZD

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0375463998 ( in NZD )
Interest rate	6.6% per year ( payment time a year)
Maturity	31/12/2099
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Minimal amount	/
Total amount	38 000 000 NZD
Next Coupon	30/07/2026 ( In 320 days )
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 analysis reveals the issuance of a long-term bond, bearing the ISIN code XS0375463998, originating from the United States. The issuer of this particular financial instrument is the International Bank for Reconstruction and Development (IBRD), a vital institution within the World Bank Group that serves as a global development cooperative owned by 189 member countries, dedicated to providing financing and policy advice to developing nations to combat poverty and foster sustainable growth. This bond, denominated in New Zealand Dollars (NZD), represents a total issuance size of 38,000,000 NZD and currently trades at 100% of its nominal value on the market, offering a fixed interest rate of 6.6% with a remarkably long maturity period extending to December 31, 2099.