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 pertains to a bond identified by the ISIN code XS2431025613, issued by the International Bank for Reconstruction and Development (IBRD). The IBRD, a cornerstone institution of the World Bank Group, is a global development cooperative owned by 189 member countries, renowned for its strong credit rating and its mission to reduce poverty and support development in middle-income and creditworthy low-income countries through financing, guarantees, and advisory services. This particular debt instrument, issued in the United States, is denominated in South African Rand (ZAR) and carries an annual interest rate of 6.5%. With a total issuance size of 350,000,000 ZAR, the bond has a minimum purchase requirement of 20,000 ZAR. It matures on January 21, 2027, with interest payments distributed once per year, and is currently trading at its par value of 100% in the market.
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94.46 % ⇌ 
United States
XS2431025613 ( in ZAR )
