Bond ICF 2.46% ( US45950VLS33 ) in USD

Issuer	ICF
Market price	100 % ⇌
Country	United States
ISIN code	US45950VLS33 ( in USD )
Interest rate	2.46% per year ( payment 2 times a year)
Maturity	09/04/2020 - Bond has expired
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Minimal amount	1 000 USD
Total amount	25 000 000 USD
Cusip	45950VLS3
Detailed description	IFC, or Industry Foundation Classes, is an open specification developed by buildingSMART for the interoperability of digital building information models. An IFC bond, identified by ISIN US45950VLS33 and CUSIP 45950VLS3, has successfully matured and been fully redeemed. This particular fixed-income instrument, issued from the United States, was part of a larger issuance with a total size of $25,000,000, and was available for purchase in minimum denominations of $1,000. Denominated in USD, the bond offered an annual interest rate of 2.46%, with payments distributed semi-annually (two times per year) to investors. Throughout its lifecycle, the bond traded at its par value of 100% on the market. The issuer, the International Finance Corporation (IFC), is a key member of the World Bank Group, serving as the largest global development institution focused exclusively on the private sector in developing countries, playing a critical role in fostering economic growth by financing private enterprise, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. This specific obligation reached its maturity date on April 9, 2020, at which point the principal was repaid to all holders, signifying the successful completion of its term.