Bond IBRD-Global 5.8% ( XS1342540090 ) in INR

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS1342540090 ( in INR )
Interest rate 5.8% per year ( payment 1 time a year)
Maturity 29/01/2021 - 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.

This financial review details the matured XS1342540090 bond, an Indian Rupee-denominated fixed-income instrument issued from the United States by the International Bank for Reconstruction and Development (IBRD), a global financial institution within the World Bank Group dedicated to poverty reduction and sustainable development through funding and technical assistance, which offered a 5.8% annual interest rate with annual payments and was successfully redeemed at its 100% par value upon its maturity on January 29, 2021, thus completing its lifecycle in the financial markets.