Bond Global Finance Corp 0.00875% ( US45950KBX72 ) in USD
| Issuer | Global Finance Corp |
| Market price | 100 % ▲ |
| Country | United States
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| ISIN code |
US45950KBX72 ( in USD )
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| Interest rate | 0.00875% per year ( payment 2 times a year) |
| Maturity | 15/06/2018 - 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 | / |
| Cusip | 45950KBX7 |
| Detailed description |
The International Finance Corporation (IFC), a member of the World Bank Group, is a global development institution that provides financing, advisory services, and risk management solutions to the private sector in developing countries to promote sustainable economic growth. An International Finance Corporation (IFC) bond, identified by ISIN US45950KBX72 and CUSIP 45950KBX7, has successfully reached its maturity date on June 15, 2018, and has subsequently been fully redeemed, with the principal reimbursed to bondholders. This USD-denominated fixed-income instrument, which was issued from the United States, carried an annual interest rate of 0.00875 (0.875%) and featured semi-annual payment frequency; at the point of its scheduled maturity, the bond was trading at 100% of its face value. The issuer, the International Finance Corporation (IFC), is a member of the World Bank Group and stands as the largest global development institution exclusively focused on the private sector in developing countries, working to advance economic development and improve lives by encouraging the growth of private enterprises in emerging markets through investment, advisory services, and asset management. |
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