This is a library that was added to the iSeries for cross platform compatibility of DB2. The following information was taken from the V5R2 "Memo to Users" document:
System library SYSIBM added
SYSIBM has been added as a new system library in V5R2. The SYSIBM library, reserved for use by DB2 UDB for iSeries, is created during the installation process. If a library named SYSIBM already exists, the library attributes (including ownership, public authority and text description) are changed, but no objects are deleted from the library. Like other system libraries, the SYSIBM library cannot be deleted, renamed, or cleared. The SYSIBM library will be included in the list of libraries when special value *ALLUSR is specified as the library name; for example, when LIB(*ALLUSR) is specified on the Save Library (SAVLIB) command.
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This was first published in April 2003