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ItalianoBond IBRD-Global 1.6% ( XS1296575969 ) in USD
| Issuer | IBRD-Global |
| Market price | 100 % ⇌ |
| Country |  United States
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| ISIN code |
 XS1296575969 ( in USD )
|
| Interest rate | 1.6% per year ( payment 2 times a year) |
| Maturity | 04/11/2022 - 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 | 1 000 USD |
| Total amount | 1 000 000 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. A specific debt instrument, identified by ISIN XS1296575969, which was issued in the United States and denominated in USD, has successfully reached its maturity and been fully redeemed. This bond, which carried a fixed annual coupon rate of 1.6% distributed semi-annually, was issued by the International Bank for Reconstruction and Development (IBRD), widely known as the World Bank, a multilateral development bank dedicated to providing financial and technical assistance to developing countries worldwide. The total size of this particular bond issuance amounted to 1,000,000 units, with a minimum subscription size set at 1,000 units per investor. Having matured on November 4, 2022, the bond's principal was repaid at 100% of its face value, marking the completion of its investment lifecycle. |