Bond IBRD-Global 11.5% ( XS1454748689 ) in HKD

Issuer IBRD-Global
Market price 100 %  ▲ 
Country  United States
ISIN code  XS1454748689 ( in HKD )
Interest rate 11.5% per year ( payment 1 time a year)
Maturity 25/08/2000 - 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 article provides an in-depth review of a specific fixed-income instrument, bond identified by ISIN XS1454748689, which has successfully completed its full lifecycle within the global financial markets. The issuer of this notable bond is the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group. As a global development cooperative owned by 189 member countries, IBRD plays a vital role in providing financial products and policy advice to middle-income and creditworthy low-income countries, with the overarching mission of reducing poverty and fostering sustainable development worldwide. IBRD's debt instruments are widely recognized for their exceptional credit quality, frequently drawing significant interest from institutional investors seeking secure and reliable fixed-income assets, largely attributable to the implicit backing from its diverse and financially strong member states. This particular bond, issued from the United States, was denominated in Hong Kong Dollars (HKD) and featured a high nominal interest rate of 11.5%, with payments occurring annually. It reached its scheduled maturity date on August 25, 2000, at which point it was fully repaid to bondholders at its principal value, effectively 100%. The successful redemption at par on its maturity date serves as a clear testament to IBRD's unwavering financial integrity and its consistent adherence to its debt obligations, solidifying its reputation as a premier issuer in the international capital markets.