Bond IBRD-Global 0% ( XS0388445552 ) in USD

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0388445552 ( in USD )
Interest rate	0%
Maturity	31/12/2099
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Minimal amount	/
Total amount	66 690 000 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 examination of a particular debt instrument, identified by its ISIN code XS0388445552, reveals key characteristics pertinent to the financial market. This bond is issued by the International Bank for Reconstruction and Development (IBRD), a vital institution within the World Bank Group. The IBRD is a global development cooperative owned by 189 member countries, dedicated to reducing poverty and supporting development through loans, guarantees, risk management products, and analytical and advisory services, thus its debt instruments are typically considered highly secure. Originating from the United States, this specific bond is denominated in US Dollars (USD) and is currently observed trading at 100% of its par value on the market. A notable feature of this security is its 0% interest rate, indicating it is a zero-coupon bond, meaning investors will not receive periodic interest payments. The total size of this particular issuance amounts to 66,690,000 USD. Furthermore, the bond carries an exceptionally long maturity date set for December 31, 2099, making it a distinct long-term fixed-income asset within the market.