The International Bank for Reconstruction and Development (IBRD) is an international financial institution that offers loans and advice to middle-income and creditworthy low-income countries for development projects.
This financial article details a specific bond (ISIN: XS0148385460) issued by the International Bank for Reconstruction and Development (IBRD), a prominent institution within the World Bank Group dedicated to reducing poverty and supporting development in middle-income and creditworthy poorer countries through financial and technical assistance. This particular debt instrument, which originated from the United States, was denominated in USD and comprised a total issuance size of $100,000,000, offering investors a fixed annual interest rate of 4.5% distributed through semi-annual payments; the bond reached its maturity date on June 13, 2008, at which point it was fully redeemed at 100% of its principal value.
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