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ItalianoBond Africa Development Bank 5.18% ( XS2085654353 ) in INR
| Issuer | Africa Development Bank |
| Market price | 100 % ⇌ |
| Country |  Côte d'Ivoire
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| ISIN code |
 XS2085654353 ( in INR )
|
| Interest rate | 5.18% per year ( payment 1 time a year) |
| Maturity | 22/12/2023 - Bond has expired |
|
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible |
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| Minimal amount | 100 000 INR |
| Total amount | 320 000 000 INR |
| 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. In a recent development within the fixed income market, the African Development Bank, a prominent multilateral development finance institution dedicated to fostering sustainable economic development and social progress across its regional member countries, successfully completed the lifecycle of its bond identified by ISIN XS2085654353. Issued in Cote d'Ivoire and denominated in Indian Rupees (INR), this particular obligation carried an annual interest rate of 5.18% and represented a total issuance size of 320,000,000 INR, with a minimum purchase threshold set at 100,000 INR. Having reached its scheduled maturity date on December 22, 2023, the bond was promptly redeemed at its par value, reflecting a 100% market price at repayment and confirming its full principal reimbursement to investors as anticipated. |