Bond IBRD-Global 5.5% ( XS1297706787 ) in INR

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS1297706787 ( in INR )
Interest rate 5.5% per year ( payment 1 time a year)
Maturity 26/10/2015 - Bond has expired



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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 financial review of bond XS1297706787, issued by the International Bank for Reconstruction and Development (IBRD), reveals its concluded lifecycle. This bond, originating from the United States, was denominated in Indian Rupees (INR) and carried an annual interest rate of 5.5%. With a payment frequency of one, indicating annual interest disbursements, the bond reached its maturity on October 26, 2015, at which point it was observed trading at its par value of 100% on the market. As a vital component of the World Bank Group, the IBRD leverages such debt instruments to finance its global development initiatives aimed at reducing poverty and supporting sustainable growth in developing countries. Consistent with its terms, bond XS1297706787 successfully matured and was subsequently redeemed, fulfilling its obligations to bondholders.