Bond IBRD-Global 6.7% ( XS1593538694 ) in BRL

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS1593538694 ( in BRL )
Interest rate	6.7% per year ( payment time a year)
Maturity	28/04/2020 - Bond has expired
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Minimal amount	/
Total amount	20 000 000 BRL
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 the characteristics and status of a specific fixed-income security, a bond identified by the ISIN code XS1593538694, issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a vital institution within the World Bank Group, operates as a global development cooperative, dedicated to reducing poverty in middle-income and creditworthy poorer countries through the provision of financial products, policy advice, and technical assistance aimed at fostering sustainable development. This particular debt instrument, which was issued from the United States, was denominated in Brazilian Real (BRL) and carried an annual interest rate of 6.7%. The total size of this bond issuance amounted to BRL 20,000,000. It is important to note that this bond reached its stated maturity date on April 28, 2020, and was subsequently redeemed at its par value of 100%, completing its lifecycle within the financial markets.