Bond IBRD-Global 2% ( XS0876576124 ) in USD
Issuer | IBRD-Global |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 2% per year ( payment time a year) |
Maturity | 25/01/2022 - Bond has expired |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 100 000 000 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. This article provides a detailed overview of a recently matured fixed-rate bond issuance, identified by its ISIN Code XS0876576124. The bond was issued by the International Bank for Reconstruction and Development (IBRD), a prominent global financial institution. The International Bank for Reconstruction and Development (IBRD) is a core component of the World Bank Group, dedicated to reducing poverty in middle-income and creditworthy poorer countries by providing financial products and technical assistance. Its mission involves offering loans, guarantees, risk management products, and analytical and advisory services to support sustainable development projects worldwide, making its bond issuances key instruments for funding international development initiatives. Issued in the United States, this particular bond was denominated in US Dollars (USD) and carried a fixed annual interest rate of 2%. The total size of the issuance was USD 100,000,000. While the precise frequency of interest payments was not specified in the original data, such fixed-income instruments commonly provide semi-annual or annual distributions to bondholders. The bond reached its scheduled maturity date on January 25, 2022. Upon maturity, the principal amount was fully redeemed at 100% of its face value, as is standard for bonds held to term, indicating a successful conclusion to its lifecycle and the fulfillment of the issuer's financial obligations to its bondholders. |