Bond Asia Development Bank 1.75% ( US045167CD31 ) in USD

Issuer Asia Development Bank
Market price 100 %  ⇌ 
Country  Philippines
ISIN code  US045167CD31 ( in USD )
Interest rate 1.75% per year ( payment 2 times a year)
Maturity 21/03/2019 - Bond has expired



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Cusip 045167CD3
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.

This financial instrument, identified by ISIN code US045167CD31 and CUSIP 045167CD3, represents a bond issued by the Asian Development Bank (ADB), a multilateral development financial institution headquartered in Manila, Philippines, with a core mission to foster economic growth and cooperation in Asia and the Pacific through various financial and technical assistance programs aimed at poverty reduction and sustainable development within its member countries. Denominated in USD, this particular bond featured an annual interest rate of 1.75% and disbursed interest payments semi-annually, indicated by its frequency of 2. Although issued from the Philippines, the bond reached its maturity on March 21, 2019, at which point its market price stood at 100% of its face value, confirming its successful repayment and redemption to bondholders.