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.
This financial instrument, identified by ISIN XS1936090072, refers to a bond issued by the International Bank for Reconstruction and Development (IBRD), a crucial institution within the World Bank Group dedicated to reducing poverty and supporting development through loans and financial services. Originated in the United States, this PLN-denominated bond featured an annual interest rate of 1.625% on a total issue size of 125,000,000, with a minimum purchase increment set at 1,000. While its market price was observed at 100%, indicative of its redemption at par, the bond reached its maturity on December 30, 2021, and has since been fully repaid.
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