Bond IBRD-Global 0% ( XS0923466501 ) in USD

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS0923466501 ( in USD )
Interest rate	0%
Maturity	07/05/2018 - Bond has expired
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Minimal amount	/
Total amount	5 000 000 USD
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 financial instrument identified by the ISIN code XS0923466501, classified as a bond, has recently reached its full term and been settled. This specific obligation was issued by the International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group, dedicated to reducing poverty and promoting sustainable development in middle-income and creditworthy poorer countries through lending, guarantees, and advisory services. IBRD is globally recognized for its robust financial standing, which enables it to issue highly-rated securities to fund its development initiatives. Originating from the United States, this particular bond issue was denominated in United States Dollars (USD) and represented a total issuance size of 5,000,000. It carried a zero percent interest rate and had a stipulated maturity date of May 7, 2018. At the time of its maturity, the bond was valued at 100% of its nominal price on the market, signifying its repayment at par. Consequently, this financial instrument has now been fully reimbursed, concluding its lifecycle on the stipulated maturity date.