Bond IBRD-Global 0% ( XS0336847891 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0336847891 ( in JPY )
Interest rate	0%
Maturity	10/09/2037
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Minimal amount	/
Total amount	150 000 000 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 instrument is identified as a bond, specifically bearing the ISIN code XS0336847891. The issuer of this debt security is the International Bank for Reconstruction and Development (IBRD), a prominent global development institution and a core member of the World Bank Group. Established with a mandate to reduce poverty and support development through financial and technical assistance to developing countries, IBRD's bonds are typically highly regarded in the fixed-income markets due to their strong credit quality and association with a multilateral institution. This particular bond, denominated in Japanese Yen (JPY), represents a total issuance size of 150,000,000 JPY. It was issued out of the United States and carries a maturity date of September 10, 2037, signifying a long-term investment horizon. A notable characteristic of this bond is its 0% interest rate, indicating it is a non-interest-bearing security; the absence of a specified payment frequency further corroborates this structure. Currently, the bond is trading on the market at 100% of its face value, meaning it is at par, which, for a 0% coupon bond, implies a zero yield to maturity from this point forward if held.