Bond Global Development Alliance 0% ( XS2626683127 ) in USD

Issuer Global Development Alliance
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS2626683127 ( in USD )
Interest rate 0%
Maturity 18/09/2023 - Bond has expired



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Detailed description The International Development Association (IDA) is a member of the World Bank Group that provides concessional loans and grants to the world's poorest countries for projects and programs aimed at reducing poverty and fostering sustainable economic growth.

The International Development Association (IDA), a vital World Bank institution dedicated to assisting the world's poorest countries, recently saw the successful maturity and full repayment of its USD-denominated bond, ISIN XS2626683127, which was originally issued in the United States with a 0% interest rate and reached its maturity date on September 18, 2023, being redeemed at 100% of its face value.