Bond IBRD-Global 1% ( XS0188629488 ) in USD
| Issuer | IBRD-Global |
| Market price | 100 % ⇌ |
| Country | United States
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| ISIN code |
XS0188629488 ( in USD )
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| Interest rate | 1% per year ( payment 2 times a year) |
| Maturity | 06/04/2016 - Bond has expired |
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| Minimal amount | / |
| Total amount | / |
| 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 a matured bond, ISIN XS0188629488, reveals its issuance by the International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group dedicated to reducing poverty and supporting development through financial assistance to middle-income and creditworthy low-income countries. This bond, originally issued from the United States and denominated in USD, featured an annual interest rate of 1% with a semi-annual payment frequency. On its maturity date of April 6, 2016, the bond, which had a market price of 100% at the time, was fully redeemed, confirming its successful repayment to investors. |
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