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ItalianoBond China Development Bank 4.2% ( CND0000001Z8 ) in CNY
| Issuer | China Development Bank | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country |  China
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| ISIN code |
 CND0000001Z8 ( in CNY )
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| Interest rate | 4.2% per year ( payment 1 time a year) | ||||||
| Maturity | 20/10/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||
| Total amount | 10 000 000 000 CNY | ||||||
| Detailed description |
China Development Bank (CDB) is a state-owned policy bank in China that provides financial support for national strategic projects and key infrastructure development. The bond identified by ISIN CND0000001Z8, a fixed-income instrument denominated in Chinese Yuan (CNY), was issued in China by the China Development Bank (CDB), a prominent state-owned policy bank and a cornerstone of China's national development strategy, specializing in long-term infrastructure and industrial financing; this particular issuance, totaling CNY 10 billion with a minimum purchase size of CNY 100, offered an annual interest rate of 4.2% and successfully matured on October 20, 2021, having been fully repaid at its par value of 100% on that date. |
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