Bond IBRD-Global 0% ( XS2013619239 ) in USD
Issuer | IBRD-Global |
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Interest rate | 0% |
Maturity | 24/07/2029 |
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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 instrument, identified by ISIN code XS2013619239, is an obligation issued by the International Bank for Reconstruction and Development (IBRD), the core institution of the World Bank Group which plays a crucial role in providing financial and technical assistance to developing countries worldwide by raising funds primarily through bond issuances in international capital markets; currently trading at 100% of its face value, this bond, denominated in USD and originating from the United States, carries a 0% coupon rate with a stated semi-annual payment frequency, implying no periodic interest distributions given the zero coupon, with principal repayment occurring solely at its maturity on July 24, 2029. |