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 International Bank for Reconstruction and Development (IBRD), a key institution within the World Bank Group committed to reducing poverty and supporting development through financial and technical assistance to middle-income and creditworthy poorer countries, recently concluded the lifecycle of its bond identified by ISIN XS2208629092. Issued from the United States and denominated in Philippine Pesos (PHP), this fixed-income security carried an annual coupon rate of 2%, with interest payments occurring once per year. The bond, which was part of a total issuance sized at PHP 500,000,000 and had a minimum purchase denomination of PHP 100,000, reached its scheduled maturity date on July 22, 2025, and has since been fully redeemed at 100% of its par value.
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