Bond IBRD-Global 0% ( XS0297159716 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0297159716 ( in JPY )
Interest rate	0%
Maturity	11/05/2037
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Minimal amount	/
Total amount	100 000 000 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. The International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group dedicated to poverty reduction and sustainable development globally, has an outstanding zero-coupon bond identified by ISIN XS0297159716. This debt instrument, issued under U.S. jurisdiction, is denominated in Japanese Yen (JPY), with a total issuance size of JPY 100,000,000. Characterized by its long-term maturity on May 11, 2037, this bond carries a stated interest rate of 0% and does not provide any periodic interest payments, consistent with its zero-coupon structure. Currently, the bond is observed trading at 100% of its face value in the market. This specific pricing, combined with its zero-coupon nature and 0% interest rate, implies that investors purchasing the bond at its current market price and holding it until its 2037 maturity date would not realize capital appreciation, making it primarily a principal preservation vehicle in JPY from the current market valuation.