Bond IBRD 9.8% ( XS0315830553 ) in ZAR
| Issuer | IBRD | ||||
| Market price | 100.00 % ▲ | ||||
| Country | United States
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| ISIN code |
XS0315830553 ( in ZAR )
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| Interest rate | 9.8% per year ( payment time a year) | ||||
| Maturity | 25/02/2010 - Bond has expired | ||||
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Prospectus brochure in PDF format |
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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. |
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