Bond IBRD-Global 0% ( XS1542318461 ) in JPY
Issuer | IBRD-Global |
Market price | ![]() |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 19/06/2029 |
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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Minimal amount | / |
Total amount | 20 000 000 000 JPY |
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 overview of a bond identified by ISIN code XS1542318461, issued by the International Bank for Reconstruction and Development (IBRD), a pivotal global development institution operating as part of the World Bank Group, dedicated to reducing poverty in middle-income and creditworthy low-income countries by providing financial services, including loans, risk management products, and analytical and advisory services, primarily funded by its bond issuances in international capital markets; this particular bond, originating from the United States, is denominated in Japanese Yen (JPY) with a substantial total issue size of JPY 20,000,000,000, features a 0% interest rate, indicating its nature as a zero-coupon instrument where investor returns are generally realized through the difference between a discounted purchase price and its par value at redemption, although it is presently trading at 100% of its nominal value in the market, and is scheduled to reach maturity on June 19, 2029, with no explicit coupon payment frequency stated, consistent with its zero-coupon structure. |