Bond EBRDS 0% ( XS2103225582 ) in USD

Issuer	EBRDS
Market price	100 % ⇌
Country	United Kingdom
ISIN code	XS2103225582 ( in USD )
Interest rate	0%
Maturity	16/01/2022 - Bond has expired
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	200 000 USD
Total amount	15 000 000 USD
Detailed description	The European Bank for Reconstruction and Development (EBRD) is an international financial institution that promotes private sector development and the transition to market economies across Central and Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean. A detailed examination of debt capital markets highlights the characteristics of the bond identified by ISIN code XS2103225582, an instrument issued by the European Bank for Reconstruction and Development (EBRD), a prominent multilateral development bank established to foster the transition to open market-oriented economies and to promote private and entrepreneurial initiative in countries committed to applying the principles of multi-party democracy and pluralism. Originating from the United Kingdom and denominated in USD, this bond had a total issue size of 15,000,000 USD, with a minimum purchase size set at 200,000 USD. Notably, it featured a 0% interest rate, indicating its structure as a zero-coupon bond, where investors typically acquire the security at a discount and receive its full face value upon maturity. Despite the zero-coupon nature, the bond's terms stipulated a semi-annual payment frequency, a common convention in fixed income agreements. This bond reached its maturity date on January 16, 2022, at which point its market price stood at 100% of its face value, confirming its full redemption, meaning this financial obligation has now been entirely repaid to its holders.