Bond IBRD-Global 0% ( XS0308927630 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0308927630 ( in JPY )
Interest rate	0%
Maturity	24/07/2037
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Minimal amount	/
Total amount	600 000 000 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. A specific debt instrument, identified by the ISIN code XS0308927630, is currently under market observation, issued by the International Bank for Reconstruction and Development (IBRD), a pivotal institution within the World Bank Group whose mission centers on reducing poverty in middle-income and creditworthy poorer countries by promoting sustainable development through financial and advisory services. Issued from the United States and denominated in Japanese Yen (JPY), this bond represents a total issuance size of JPY 600,000,000 and is currently trading at 100% of its nominal value on the market. A key feature of this long-dated obligation, maturing on July 24, 2037, is its zero-coupon structure, indicating that it does not pay periodic interest; instead, investors typically realize their return through the difference between the purchase price and the face value received at maturity, which also explains the absence of a specified payment frequency for coupon disbursements.