Bond IBRD-Global 0% ( XS1030532698 ) in JPY
Issuer | IBRD-Global |
Market price | 100 % ▲ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 13/03/2019 - Bond has expired |
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Minimal amount | / |
Total amount | 11 688 000 000 JPY |
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 analysis focuses on a specific bond identified by the ISIN code XS1030532698, issued by the International Bank for Reconstruction and Development (IBRD). IBRD, a core institution of the World Bank Group, functions as a global development cooperative owned by 189 member countries, providing financial products and policy advice to help countries reduce poverty and support sustainable development, thereby underpinning its reputation as a highly creditworthy sovereign-backed entity in global capital markets. The bond, denominated in Japanese Yen (JPY), originated from the United States and represented a total issuance size of JPY 11,688,000,000. Noteworthy for its 0% interest rate, this characteristic suggests it was likely a zero-coupon instrument or designed without periodic coupon payments, with its value derived from the discount to its face value or specific embedded structures. Upon its maturity on March 13, 2019, the bond was trading at 100% of its face value, reflecting a full principal return to investors, and has since been fully redeemed, concluding its life cycle in the market. |