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ItalianoBond China Development Bank 3.6% ( CND000000L17 ) in CNY
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 CND000000L17 ( in CNY )
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| Interest rate | 3.6% per year ( payment 1 time a year) | ||||||||
| Maturity | 11/04/2026 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 25 000 000 000 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. **Analysis of China Development Bank's CND000000L17 Bond Offering** This report provides an in-depth examination of a significant bond issuance, identified by its ISIN CND000000L17, originating from China. The issuer, China Development Bank (CDB), stands as a cornerstone of China's financial architecture. As one of the nation's three policy banks, CDB is directly controlled by the State Council and plays a pivotal role in funding major infrastructure, industrial, and social development projects aligned with national strategic objectives. Its mandate extends to supporting key industries, facilitating international cooperation, and contributing significantly to initiatives like the Belt and Road, making it a crucial instrument of China's economic policy and development both domestically and globally. This specific bond is a CNY-denominated instrument issued from China. It features a fixed interest rate of 3.6% per annum, with interest payments distributed annually. The bond is scheduled to mature on April 11, 2026. Representing a substantial offering, the total issue size amounts to CNY 25,000,000,000. Currently, the bond is quoted at its par value, indicating a market price of 100%. Investors can access this security with a minimum purchase size set at CNY 100. |
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