Bond Asia Development Bank 12.5% ( XS2262272458 ) in TRY

Issuer	Asia Development Bank
Market price	100 % ▲
Country	Philippines
ISIN code	XS2262272458 ( in TRY )
Interest rate	12.5% per year ( payment 1 time a year)
Maturity	25/11/2021 - Bond has expired
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Minimal amount	10 000 TRY
Total amount	300 000 000 TRY
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. This financial article details the specifications and final status of a bond issuance identified by ISIN code XS2262272458. The bond was an obligation issued by the Asian Development Bank (ADB), a multilateral development financial institution established in 1966 and headquartered in the Philippines. The ADB is dedicated to reducing poverty in Asia and the Pacific by providing loans, technical assistance, grants, and equity investments to promote social and economic development across its member countries, maintaining a strong credit profile in global capital markets. This particular bond, issued from the Philippines and denominated in Turkish Lira (TRY), carried a fixed interest rate of 12.5%. The total issue size for this instrument was 300,000,000 TRY, with a minimum purchase amount set at 10,000 TRY. Featuring an annual payment frequency, the bond matured on November 25, 2021. Upon its maturity, the bond was priced at 100% of its principal value and has since been fully repaid to its bondholders, concluding its lifecycle within the financial market.