Bond Asia Development Bank 6.51% ( XS1761678405 ) in BRL

Issuer	Asia Development Bank
Market price	100 % ⇌
Country	Philippines
ISIN code	XS1761678405 ( in BRL )
Interest rate	6.51% per year ( payment 1 time a year)
Maturity	03/03/2022 - Bond has expired
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Minimal amount	10 000 BRL
Total amount	49 200 000 BRL
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. An analysis of the bond identified by ISIN XS1761678405, issued by the Asian Development Bank (ADB), provides insight into its characteristics and lifecycle conclusion. The Asian Development Bank, a multilateral development finance institution headquartered in the Philippines, is dedicated to fostering economic growth and cooperation, alongside poverty reduction and sustainable development, across the Asia-Pacific region. As a highly-rated issuer in global capital markets, the ADB funds its extensive development projects partly through the issuance of debt instruments such as this one. This particular bond, denominated in Brazilian Real (BRL), carried a coupon rate of 6.51% paid annually and represented a total issuance size of BRL 49,200,000, with a minimum investment threshold set at BRL 10,000. Originally slated for maturity on March 3, 2022, the bond has indeed reached its scheduled maturity and was successfully redeemed at its par value of 100%, completing its lifecycle and ensuring the repayment of principal to all bondholders as expected, highlighting the issuer's strong financial standing and commitment.