Bond IBRD-Global 0% ( XS1395490664 ) in USD

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1395490664 ( in USD )
Interest rate	0%
Maturity	20/04/2046
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Minimal amount	/
Total amount	140 340 000 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. This financial article details the specifics of a long-term bond, identified by ISIN XS1395490664, issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group dedicated to reducing poverty and supporting sustainable development through financial and technical assistance to middle-income and creditworthy poorer countries globally, boasting a robust credit profile. Originated in the United States, this USD-denominated debt instrument, with a substantial total issue size of 140,340,000, is currently trading at 100% of its face value on the market. A notable characteristic is its zero-coupon nature, indicated by a 0% interest rate and the absence of periodic payment frequencies, meaning investors would typically realize their return from the difference between the initial purchase price and the par value at its maturity on April 20, 2046, though its current par trading implies no further capital appreciation if held from this point to maturity under these specific terms.