Bond Asia Development Bank 3.1% ( AU3CB0254456 ) in AUD

Issuer	Asia Development Bank
Market price	100 % ⇌
Country	Philippines
ISIN code	AU3CB0254456 ( in AUD )
Interest rate	3.1% per year ( payment 2 times a year)
Maturity	14/06/2029
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Minimal amount	5 000 AUD
Total amount	150 000 000 AUD
Next Coupon	15/12/2025 ( In 129 days )
Detailed description	The Asian Development Bank (ADB) is a regional development bank committed to reducing poverty and improving the lives of people in Asia and the Pacific through loans, technical assistance, grants, and equity investments. An analysis of the bond market reveals details concerning a notable debt instrument issued by the Asian Development Bank (ADB), an esteemed international development finance institution headquartered in the Philippines. The Asian Development Bank, established in 1966, is dedicated to poverty reduction in Asia and the Pacific, achieving this through various initiatives including infrastructure development, environmental protection, regional integration, and support for social sectors. Its robust financial profile and broad membership of 68 countries, of which 49 are from the region, underscore its stability and the implicit sovereign backing of its member states, typically affording its debt obligations high creditworthiness in global capital markets. The specific bond under review bears the ISIN AU3CB0254456. This fixed-income security is denominated in Australian Dollars (AUD), with a total issuance size reaching AUD 150,000,000. It offers investors an attractive annual interest rate of 3.1%, with income distributions occurring semi-annually, providing a consistent cash flow. The current market price for this instrument stands precisely at 100% of its par value, indicating that it is trading at par. Investors considering an acquisition of this bond should be aware of the minimum purchase quantity, which is set at AUD 5,000. The bond is scheduled to reach its maturity on June 14, 2029, at which point the principal amount will be repaid to bondholders.