Bond IBRD-Global 4.8% ( XS1508836878 ) in INR

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1508836878 ( in INR )
Interest rate	4.8% per year ( payment time a year)
Maturity	15/05/2019 - Bond has expired
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Minimal amount	/
Total amount	325 000 000 INR
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 bond, identified by the International Securities Identification Number (ISIN) XS1508836878, recently reached its maturity, concluding its tenure on May 15, 2019. Issued by the International Bank for Reconstruction and Development (IBRD) from the United States, this debt instrument, denominated in Indian Rupees (INR), carried a fixed annual interest rate of 4.8%. The total issuance size for this bond was 325,000,000 INR, and it was successfully redeemed at its par value of 100% upon maturity. The International Bank for Reconstruction and Development (IBRD) serves as the issuer of this bond, a cornerstone institution of the World Bank Group and a global development cooperative owned by 189 member countries, dedicated to reducing poverty and supporting sustainable development by providing financing, guarantees, risk management products, and analytical and advisory services to middle-income and creditworthy low-income countries. The successful repayment of this bond underscores IBRD's strong creditworthiness and its ongoing commitment to fulfilling its financial obligations to investors, thereby supporting its broader objectives of fostering global economic growth and stability through sound financial management.