Bond IBRD-Global 4% ( XS0397362764 ) in AUD

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS0397362764 ( in AUD )
Interest rate 4% per year ( payment time a year)
Maturity 20/12/2011 - Bond has expired



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Minimal amount /
Total amount 20 000 000 AUD
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 fixed-income market brings into focus specific instruments such as the bond bearing ISIN Code XS0397362764. This particular debt instrument was issued by the International Bank for Reconstruction and Development (IBRD), a crucial global development institution and a core member of the World Bank Group, whose mission involves reducing poverty and supporting sustainable development in middle-income and creditworthy poorer countries through financial products and services, primarily funded by issuing bonds in international capital markets. Originating from the United States, this bond was denominated in Australian Dollars (AUD), had an initial interest rate of 4% per annum, and represented a total issue size of 20,000,000 AUD. With a specified maturity date of December 20, 2011, this instrument has since completed its lifecycle; it reached maturity and was consequently repaid in full, reflecting a redemption at 100% of its face value.