Bond Africa Development Bank 0.5% ( XS0520248112 ) in BRL

Issuer	Africa Development Bank
Market price	100 % ⇌
Country	Côte d'Ivoire
ISIN code	XS0520248112 ( in BRL )
Interest rate	0.5% per year ( payment 1 time a year)
Maturity	28/07/2017 - Bond has expired
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Minimal amount	10 000 BRL
Total amount	37 100 000 BRL
Detailed description	The African Development Bank (AfDB) is a multilateral development finance institution that provides loans and grants to African countries for projects aimed at economic and social development. This financial instrument, identified by ISIN code XS0520248112, was a bond issued by the African Development Bank (AfDB), a pivotal multilateral development finance institution. Established with the primary objective of fostering sustainable economic development and social progress across its regional member countries in Africa, the AfDB is headquartered in Côte d'Ivoire and plays a crucial role in mobilizing and allocating resources for the continent's development. Denominated in Brazilian Real (BRL), this particular bond carried an annual interest rate of 0.5%. The total size of this issuance was 37,100,000 BRL, with a minimum purchase size set at 10,000 BRL. While the market price was observed at 100% (par value), the bond's maturity date was July 28, 2017, with an annual payment frequency. It is confirmed that this obligation has successfully reached maturity and has been fully redeemed.