Bond IBRD-Global 4% ( XS1175807509 ) in INR

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1175807509 ( in INR )
Interest rate	4% per year ( payment time a year)
Maturity	27/02/2018 - Bond has expired
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Minimal amount	/
Total amount	213 000 000 INR
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. On February 27, 2018, the bond identified by ISIN code XS1175807509 reached its full maturity and was subsequently repaid, marking the successful conclusion of this fixed-income instrument. Issued by the International Bank for Reconstruction and Development (IBRD), a key constituent of the World Bank Group dedicated to fostering sustainable economic growth in developing countries through investments in education, health, infrastructure, and more, this obligation originated in the United States. Denominated in Indian Rupees (INR), the bond carried an annual interest rate of 4% and represented a total issuance size of 213,000,000 INR. Leading up to its scheduled maturity, the bond maintained a consistent market valuation, trading at its par value of 100%. The timely and complete repayment of this bond underscores IBRD's steadfast financial stewardship and commitment to its bondholders.