Bond Asia Development Bank 0% ( XS0638843671 ) in USD
Issuer | Asia Development Bank | ||
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Interest rate | 0% | ||
Maturity | 23/06/2041 | ||
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Minimal amount | 200 000 USD | ||
Total amount | 304 000 000 USD | ||
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. The Asian Development Bank (ADB), a prominent multilateral development financial institution headquartered in the Philippines and dedicated to fostering economic growth and regional cooperation across Asia and the Pacific, has issued a USD-denominated zero-coupon bond, identified by ISIN XS0638843671, which is currently priced at 100% of its par value, possesses a total issuance size of USD 304,000,000, features a minimum purchase lot of USD 200,000, and is scheduled to mature on June 23, 2041, with an indicated payment frequency of two times per year despite its zero-coupon nature. |