Bond IBRD-Global 1.6% ( XS0299922822 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0299922822 ( in JPY )
Interest rate	1.6% per year ( payment time a year)
Maturity	21/05/2007 - Bond has expired
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Minimal amount	/
Total amount	2 000 000 000 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. This financial article outlines the specifics of a particular debt instrument, identified by the ISIN XS0299922822, issued by the International Bank for Reconstruction and Development (IBRD), an institution that, as a vital part of the World Bank Group, functions as a global development cooperative owned by 189 member countries, providing financial and technical assistance to middle-income and creditworthy low-income nations and whose highly-rated debt issuances in global capital markets are underpinned by substantial callable capital from its member states, thus serving as a benchmark for quality investments; this bond, originated from the United States, was denominated in Japanese Yen (JPY), carried a fixed annual interest rate of 1.6%, and represented a total issuance size of JPY 2,000,000,000, successfully reaching its scheduled maturity on May 21, 2007, and subsequently being fully redeemed with bondholders receiving 100% of the principal amount.