Bond IBRD-Global 1.6% ( XS1557264824 ) in EUR
Issuer | IBRD-Global | ||
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Interest rate | 1.6% per year ( payment 1 time a year) | ||
Maturity | 30/01/2048 | ||
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Minimal amount | 100 000 EUR | ||
Total amount | 50 000 000 EUR | ||
Next Coupon | 30/01/2026 ( In 139 days ) | ||
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 a bond, identified by ISIN XS1557264824, issued by the International Bank for Reconstruction and Development (IBRD), the foundational institution of the World Bank Group recognized globally for its role in poverty reduction and sustainable development through providing financial and technical assistance to developing countries; this long-dated debt instrument, originating from the United States, is denominated in EUR, carries a fixed interest rate of 1.6% with annual payment frequency, and is set to mature on January 30, 2048, with a total issuance size of 50,000,000 EUR, a minimum purchase requirement of 100,000 EUR, and a current market price of 100%. |