Bond Asia Development Bank 3.125% ( US045167EJ82 ) in USD
Issuer | Asia Development Bank | ||
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Interest rate | 3.125% per year ( payment 2 times a year) | ||
Maturity | 25/09/2028 | ||
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Minimal amount | 1 000 USD | ||
Total amount | 750 000 000 USD | ||
Cusip | 045167EJ8 | ||
Next Coupon | 26/09/2025 ( In 48 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. A detailed analysis of the bond market reveals the availability of a specific debt instrument issued by the Asian Development Bank, a prominent multilateral development financial institution. This bond, identified by ISIN US045167EJ82 and CUSIP 045167EJ8, originates from the Philippines, where the Asian Development Bank is headquartered, underscoring its commitment to fostering economic growth and cooperation in the Asia-Pacific region. The Asian Development Bank (ADB), established in 1966 and owned by 68 members, 49 of whom are from the region, is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration, achieving its mission by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Currently trading at par, specifically 100% of its face value, this U.S. Dollar-denominated obligation offers investors a fixed annual interest rate (coupon) of 3.125%. The total size of this particular bond issuance stands at USD 750,000,000, reflecting a substantial capital raise. Prospective investors should note the minimum purchase increment, set at USD 1,000. This fixed-income security is structured to mature on September 25, 2028, providing a medium-term investment horizon. Interest payments are scheduled to occur semi-annually, with a frequency of two payments per year, offering regular income to bondholders. |