Bond IBRD-Global 0% ( XS0652808923 ) in USD
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 31/12/2099 |
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Minimal amount | / |
Total amount | 38 050 000 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. This financial article analyzes a specific debt instrument issued by the International Bank for Reconstruction and Development (IBRD), identified by its ISIN XS0652808923. The International Bank for Reconstruction and Development, a core institution of the World Bank Group, functions as a global development cooperative owned by 189 member countries, providing vital financial products and policy advice to middle-income and creditworthy low-income countries to promote sustainable development, reduce poverty, and build shared prosperity, leveraging its strong credit rating derived from callable capital from its member states to issue bonds in international capital markets and fund its extensive portfolio of projects. This particular bond, issued in the United States and denominated in US Dollars (USD), represents a total principal amount of 38,050,000 USD. A key characteristic of this bond is its stated interest rate of 0% and its current market price reported at 100% of its face value, a configuration that, while suggesting a zero-coupon structure where returns are typically realized from a discounted purchase price, implies a specific or potentially principal-protected note given its current par valuation and the absence of a specified payment frequency. Furthermore, the instrument features an exceptionally long maturity date of December 31, 2099, positioning it as an ultra-long-term investment vehicle that could appeal to institutional investors seeking extended duration exposure or specific asset-liability matching solutions within their portfolios. |