Bond IBRD-Global 0% ( XS0185677506 ) in USD

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0185677506 ( in USD )
Interest rate	0%
Maturity	31/12/2099
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Minimal amount	/
Total amount	20 000 000 USD
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 debt capital markets reveals a notable bond issuance, identified by the ISIN XS0185677506, originating from the United States. This instrument, denominated in USD, holds a remarkably long maturity date of December 31, 2099, and is currently quoted at 100% of its face value; peculiarly, it carries a 0% interest rate, indicating it is likely a zero-coupon bond where any potential return would stem solely from the difference between its purchase price and its face value at maturity, or it signifies a specialized financial structure. The total issue size stands at 20,000,000 units, and the issuer is the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group, which mobilizes financial resources from global markets to provide loans and assistance for development projects in middle-income and creditworthy poorer countries, thereby underlining the critical role this entity plays in fostering global economic stability and poverty reduction efforts through its debt instruments.