Bond IBRD-Global 0% ( XS1509158132 ) in MXN

Issuer	IBRD-Global
Market price	100 % ⇌
Country	United States
ISIN code	XS1509158132 ( in MXN )
Interest rate	0%
Maturity	30/04/2024 - Bond has expired
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Minimal amount	50 000 MXN
Total amount	350 000 000 MXN
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 fixed-income market recently saw the complete lifecycle conclusion of a significant bond issuance, identified by ISIN XS1509158132 and originating from the United States, from the International Bank for Reconstruction and Development (IBRD), a prominent member of the World Bank Group dedicated to fostering global development and poverty reduction, with this particular instrument, denominated in Mexican Pesos (MXN) and carrying a total issuance volume of 350,000,000 MXN with a minimum purchase size of 50,000 MXN, having been characterized by a 0% interest rate and a single payment frequency, implying a potential zero-coupon structure, and last observed at a market price of 100%, successfully reaching its maturity on April 30, 2024, and subsequently being fully reimbursed, marking its complete and timely redemption by the issuer.