Bond IBRD-Global 0% ( XS0561883553 ) in USD
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
![]() |
Interest rate | 0% |
Maturity | 30/11/2040 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
|
Minimal amount | / |
Total amount | 222 360 000 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 in-depth analysis of the bond market reveals a distinct instrument identified by ISIN XS0561883553, issued by the International Bank for Reconstruction and Development (IBRD), a core institution of the World Bank Group that serves as a global development cooperative, providing financial and technical assistance to middle-income and creditworthy low-income countries to reduce poverty and support sustainable development through long-term loans and other financial products, which finances its vital global initiatives partly through the issuance of debt securities such as this particular bond, originated in the United States and denominated in US Dollars, and currently observed trading at its par value of 100% in the market, while it is characterized by a 0% interest rate, designating it as a zero-coupon bond where, traditionally, investor returns are derived from purchasing the bond at a discount to its face value and receiving the full principal amount at maturity, though its present market price at 100% implies that for any new investor, holding this instrument until its distant maturity date of November 30, 2040, would yield no further capital appreciation if redeemed at par, all within a substantial total issue size of $222,360,000 and, consistent with its zero-coupon structure, lacking any specified frequency for periodic interest payments. |