Bond Global Development Alliance 0% ( XS2715288093 ) in USD

Issuer Global Development Alliance
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS2715288093 ( in USD )
Interest rate 0%
Maturity 07/05/2024 - 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 bond identified by ISIN XS2715288093, issued from the United States by the International Development Association (IDA), a crucial member of the World Bank Group dedicated to providing concessional financing to the world's poorest countries for development initiatives, has successfully reached its maturity on May 7, 2024, at which point this zero-interest, USD-denominated instrument was fully repaid at its 100% market price, concluding its lifecycle.