Bond IBRD-Global 0% ( XS1092309019 ) in EUR

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1092309019 ( in EUR )
Interest rate	0%
Maturity	04/08/2017 - Bond has expired
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Minimal amount	/
Total amount	700 000 000 EUR
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 financial instrument identified by ISIN code XS1092309019, issued by the International Bank for Reconstruction and Development (IBRD), provides insight into its structure and lifecycle. The IBRD, a pivotal institution within the World Bank Group, functions as a global development cooperative owned by its 189 member countries, dedicated to reducing poverty and supporting development through financial and technical assistance to middle-income and creditworthy low-income countries. This specific obligation, denominated in EUR, represented a total issuance size of 700,000,000 EUR and was issued in the United States. Notably, it was structured as a zero-coupon bond, evidenced by its 0% interest rate, meaning no periodic interest payments were made to investors during its tenure. With a maturity date of August 4, 2017, this bond has successfully reached its full term and was redeemed at 100% of its face value, signaling the complete repayment of principal to its bondholders upon maturity.