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.
An analysis focuses on a particular bond instrument, identified by the ISIN XS0453791328, which has successfully reached its maturity and been fully redeemed. The issuer of this fixed-income security was the International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group. As a highly reputable supranational organization, IBRD mobilizes financial resources from global capital markets to fund its mission of poverty reduction and sustainable development in middle-income and creditworthy poorer countries worldwide. This specific bond, originating from an issuance in the United States, was denominated in Colombian Pesos (COP) and represented a total issuance volume of COP 150,000,000,000. It carried an annual coupon interest rate of 7% and reached its maturity date on September 10, 2012. At the time of its redemption, the bond's market price was recorded at 100% of its nominal value, confirming its repayment at par to investors.
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