Bond IBRD-Global 0% ( XS1224421013 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1224421013 ( in JPY )
Interest rate	0%
Maturity	14/05/2020 - Bond has expired
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Minimal amount	/
Total amount	1 605 000 000 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 article details a specific fixed-income security, identified by the International Securities Identification Number (ISIN) XS1224421013, which was issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a pivotal institution within the World Bank Group, functions as a global development cooperative owned by 189 member countries, dedicated to reducing poverty and supporting sustainable development through financial and technical assistance to middle-income and creditworthy low-income countries. This particular bond, denominated in Japanese Yen (JPY) with a total issue size of JPY 1,605,000,000, was originally issued in the United States. Structured as a zero-coupon bond, it carried a 0% interest rate, signifying that no periodic interest payments were made to bondholders; instead, its full value was realized upon redemption, consistent with its noted market price of 100% of par value at or near maturity. Having reached its definitive maturity date of May 14, 2020, this obligation has since fully matured and has been completely redeemed, with the principal amount repaid to its investors.