Bond Global Development Alliance 0% ( XS2721053085 ) in USD

Issuer Global Development Alliance
Market price 100 %  ⇌ 
Country  United States
ISIN code  XS2721053085 ( in USD )
Interest rate 0%
Maturity 14/05/2024 - 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 debt instrument identified by ISIN XS2721053085, issued in the United States by the International Development Association (IDA), a key entity within the World Bank Group dedicated to providing concessional financing to the world's poorest countries, reached its maturity on May 14, 2024, and was subsequently redeemed at its full principal value of 100% in USD, having carried a 0% interest rate throughout its term.