Bond IBRD-Global 0% ( XS0345472467 ) in JPY

Issuer	IBRD-Global
Market price	100 % ▲
Country	United States
ISIN code	XS0345472467 ( in JPY )
Interest rate	0%
Maturity	26/02/2038
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Minimal amount	/
Total amount	300 000 000 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. The financial instrument, identified by its ISIN XS0345472467, is a bond issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution within the World Bank Group. Operating with a global mandate from its issuance domicile in the United States, IBRD is dedicated to fostering economic development and reducing poverty in middle-income and creditworthy lower-income countries by providing financing, policy advice, and technical assistance. The institution's robust credit profile, supported by its international member states, positions its debt offerings as highly sought-after, low-risk investments in the global fixed-income landscape. This particular bond, denominated in Japanese Yen (JPY), represents a total issuance size of JPY 300,000,000. It features a maturity date of February 26, 2038, making it a long-dated security. Crucially, the bond carries a zero percent interest rate, indicating its structure as a zero-coupon instrument, which means investors do not receive periodic coupon payments throughout its tenor. Instead, the return for such a bond, if purchased below par, is realized at maturity when the investor receives the full face value. The current market price for this security is reported at 100% of its face value, signifying it is presently trading at par.