International Bank for Reconstruction and Development 5,489% 19/24 Bond – XS1995762082
The evidence I’ve located defines these as currency bonds. On that basis, the instruments would fall under the definition of a ‘security’ for ISA purposes. The ISA criteria for securities is that the security itself or the shares in the issuing company are either listed on a recognised stock exchange or admitted to trading on a recognised stock exchange in the EEA including the UK. These instruments are traded on the Börse Frankfurt – see link below (which is a recognised stock exchange) so they will qualify for ISA inclusion.