Bond Global Development Alliance 0% ( XS2832219625 ) in USD

Issuer	Global Development Alliance
Market price	100 % ⇌
Country	United States
ISIN code	XS2832219625 ( in USD )
Interest rate	0%
Maturity	30/09/2024 - 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 International Development Association (IDA), a crucial component of the World Bank Group providing concessional financing and debt relief to the world's poorest developing countries, recently saw the successful maturity and full repayment of its bond, identified by ISIN code XS2832219625. This USD-denominated fixed-income instrument, issued from the United States, concluded its term on September 30, 2024, having traded at a market price of 100% at its redemption date. Notably, the bond carried a 0% interest rate and featured an indicated bi-annual payment frequency, with its principal having now been fully reimbursed to investors.