Bond IBRD-Global 0% ( XS0406603059 ) in HKD

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0406603059 ( in HKD )
Interest rate	0%
Maturity	24/06/2010 - Bond has expired
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Minimal amount	/
Total amount	1 500 000 000 HKD
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. This financial article details a specific bond, ISIN XS0406603059, issued by the International Bank for Reconstruction and Development (IBRD), a prominent global development institution and member of the World Bank Group dedicated to providing financial and technical assistance to developing countries worldwide. Issued from the United States and denominated in Hong Kong Dollars (HKD), this particular obligation had a total issuance size of 1,500,000,000, notably structured as a zero-coupon instrument with a 0% interest rate, implying no periodic interest payments. This bond reached its maturity on June 24, 2010, and was subsequently redeemed at its par value of 100%, completing its lifecycle.