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 financial overview presents a bond, identified by ISIN XS1431867412, issued by the International Bank for Reconstruction and Development (IBRD), a cornerstone institution of the World Bank Group widely recognized for its mission to reduce poverty and support sustainable development across middle-income and creditworthy poorer countries through financial and knowledge products. This debt instrument, originating from the United States, is currently trading at 100% of its face value, denominated in US Dollars (USD), and represents a total issue size of USD 122,450,000. It features a long-term maturity date of June 10, 2046, and is notably characterized by a 0% interest rate, indicating it operates as a zero-coupon bond where the investor's return is realized at maturity, despite a specified semi-annual payment frequency. The offering is designed for significant investments, with a minimum purchase threshold set at USD 1,000,000, reflecting its appeal to institutional market participants.
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