Bond ICF 8.88% ( INE375R08017 ) in INR

Issuer	ICF
Market price	100 % ⇌
Country	United States
ISIN code	INE375R08017 ( in INR )
Interest rate	8.88% per year ( payment 1 time a year)
Maturity	20/10/2027
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Minimal amount	100 000 INR
Total amount	12 000 000 INR
Next Coupon	20/10/2025 ( In 86 days )
Detailed description	IFC, or Industry Foundation Classes, is an open specification developed by buildingSMART for the interoperability of digital building information models. A notable fixed-income opportunity is presented by the International Finance Corporation (IFC) with its bond identified by ISIN code INE375R08017. As a crucial member of the World Bank Group, the IFC stands as the largest global development institution singularly dedicated to fostering private sector growth in developing nations. Since its inception in 1956, the IFC has been instrumental in driving economic development and elevating living standards by bolstering private enterprise through its comprehensive suite of investment, advisory, and asset management services. This specific bond, originating from the United States, is presently quoted at par in the market, reflecting a current price of 100%. Denominated in Indian Rupees (INR), the instrument offers a competitive fixed interest rate of 8.88%. The total size of this bond issuance amounts to INR 12,000,000, with a minimum investment threshold set at INR 100,000. Investors can anticipate its maturity on October 20, 2027, with interest payments distributed annually.