Bond IBRD-Global 9.8% ( XS0315830553 ) in ZAR

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0315830553 ( in ZAR )
Interest rate	9.8% per year ( payment time a year)
Maturity	25/02/2010 - Bond has expired
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Minimal amount	/
Total amount	45 000 000 ZAR
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 detailed review has been conducted of a specific fixed-income instrument, a bond identified by ISIN XS0315830553, issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a core institution of the World Bank Group, functions as a global development cooperative owned by 189 member countries, dedicated to reducing poverty and supporting development through financial and advisory services to middle-income and creditworthy poorer nations. This particular debt security, denominated in South African Rand (ZAR), originated from the United States with a total issuance size of ZAR 45,000,000. It carried a fixed interest rate of 9.8% throughout its term. The bond reached its scheduled maturity on February 25, 2010, and, consistent with its terms, was fully redeemed at 100% of its principal value, concluding its investment lifecycle.