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 reveals the key specifications of the International Bank for Reconstruction and Development (IBRD) bond, identified by its ISIN XS2298593075. The issuer, IBRD, stands as a global development cooperative owned by 189 member countries, serving as the lending arm of the World Bank Group with a mission to reduce poverty and support sustainable development in middle-income and creditworthy poorer countries through financial products and advisory services, thus enjoying a high credit standing in global financial markets. This specific bond, issued from the United States and denominated in Indian Rupees (INR), carries a fixed annual coupon rate of 4.9%. With a maturity date set for February 11, 2026, the bond currently trades at its par value of 100% on the market. The total issuance size for this debt instrument amounts to 3,000,000,000 INR, with a minimum purchase threshold for investors established at 50,000 INR. Interest payments are structured to occur annually, providing a consistent income stream to bondholders.
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XS2298593075 ( in INR )
