Bond EBRDS 0% ( US29874QDM33 ) in USD
Issuer | EBRDS |
Market price | 100 % ⇌ |
Country | ![]() |
ISIN code |
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Interest rate | 0% |
Maturity | 11/05/2022 - Bond has expired |
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Minimal amount | 1 000 USD |
Total amount | 1 265 000 000 USD |
Cusip | 29874QDM3 |
Detailed description |
The European Bank for Reconstruction and Development (EBRD) is an international financial institution that promotes private sector development and the transition to market economies across Central and Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean. An analysis of a recently matured debt instrument reveals a zero-coupon bond, identified by ISIN US29874QDM33 and CUSIP 29874QDM3, issued by the European Bank for Reconstruction and Development (EBRD), an international financial institution that supports the development of market economies and the promotion of private and entrepreneurial initiative, primarily across Central and Eastern Europe, Central Asia, and the Southern and Eastern Mediterranean. This USD-denominated bond, originating from the United Kingdom, represented a total issuance size of $1,265,000,000, with a minimum purchase threshold of $1,000. Lacking periodic interest payments due to its zero-coupon structure, the bond was priced at 100% upon its maturity on May 11, 2022, at which point it was fully redeemed. |