Bond IBRD-Global 0% ( XS1542318461 ) in JPY

Issuer IBRD-Global
Market price refresh price now   100 %  ▲ 
Country  United States
ISIN code  XS1542318461 ( in JPY )
Interest rate 0%
Maturity 19/06/2029



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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.