Bond ICF 0% ( XS1720700191 ) in MXN
Issuer | ICF |
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Interest rate | 0% |
Maturity | 20/11/2047 |
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Detailed description |
IFC, or Industry Foundation Classes, is an open specification developed by buildingSMART for the interoperability of digital building information models. An investment-grade bond issued by the International Finance Corporation (IFC), a vital member of the World Bank Group, is currently trading on the market, identified by its ISIN code XS1720700191. The IFC serves as the largest global development institution focused on the private sector in developing countries, aiming to create markets and opportunities, foster sustainable economic growth, and reduce poverty. This specific debt instrument, issued in the United States, represents a zero-coupon bond, meaning it does not pay periodic interest but is instead sold at a discount to its face value, with investors' returns realized at maturity. Denominated in Mexican Pesos (MXN), the bond carries a distant maturity date of November 20, 2047, offering a long-term investment horizon. Its current market price stands at 11.95% of its par value, reflecting the deep discount inherent to its zero-coupon structure and extended duration, with the single payment occurring at its maturity date. |