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ItalianoBond Global Development Alliance 0% ( XS2593105989 ) in USD
| Issuer | Global Development Alliance |
| Market price | 100 % ⇌ |
| Country |  United States
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| ISIN code |
 XS2593105989 ( in USD )
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| Interest rate | 0% |
| Maturity | 24/04/2023 - Bond has expired |
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Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | / |
| Total amount | / |
| Detailed description |
The International Development Association (IDA) is a member of the World Bank Group that provides concessional loans and grants to the world's poorest countries for projects and programs aimed at reducing poverty and fostering sustainable economic growth. This financial report details the International Development Association (IDA) bond, identified by ISIN XS2593105989, which has reached its scheduled maturity. The International Development Association, a key arm of the World Bank Group, is dedicated to assisting the world's poorest nations by providing grants and low-interest loans for programs that boost economic growth, reduce inequalities, and improve living conditions. This specific USD-denominated obligation, issued from the United States, traded at 100% of its principal value, was characterized by a stated interest rate of 0% and a semi-annual payment frequency. The bond officially matured and was fully repaid on April 24, 2023. |