Bond IBRD-Global 0% ( XS0158226604 ) in JPY

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0158226604 ( in JPY )
Interest rate	0%
Maturity	20/09/2033
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Minimal amount	/
Total amount	1 000 000 000 JPY
Detailed description	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. An analysis of the financial markets reveals a bond, identified by ISIN XS0158226604, issued from the United States by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group dedicated to reducing poverty and supporting development through loans to middle-income and creditworthy poorer countries, which, denominated in Japanese Yen (JPY), was issued for a total size of 1,000,000,000 and is currently trading at par (100% of its nominal value) while notable for its zero-coupon structure, implying no periodic interest payments before its maturity on September 20, 2033, and thus its payment frequency, or lack thereof, is intrinsically linked to this characteristic.