Bond IBRD-Global 0% ( XS0567636609 ) in USD

Issuer	IBRD-Global
Market price	22.231 % ▼
Country	United States
ISIN code	XS0567636609 ( in USD )
Interest rate	0%
Maturity	20/12/2040
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Minimal amount	/
Total amount	230 000 000 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 analysis of the bond market reveals details of a specific fixed-income instrument, identified by ISIN Code XS0567636609, issued by the International Bank for Reconstruction and Development (IBRD). As a pivotal member of the World Bank Group, IBRD plays a crucial role in global development by providing financial and technical assistance to developing countries worldwide, often issuing highly-rated debt instruments to fund its operations. This particular bond, denominated in USD, is a zero-coupon obligation, meaning it pays no periodic interest, and is currently trading on the market at 22.231% of its par value, reflecting its deep discount given the absence of coupon payments and its long maturity. With a substantial total issue size of $230,000,000, this bond was initially issued from the United States and is set to mature on December 20, 2040.