Bond China Development Bank 0% ( CND1000003H0 ) in CNY
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country | China
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| ISIN code |
CND1000003H0 ( in CNY )
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| Interest rate | 0% | ||||||||
| Maturity | 29/05/2017 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 30 000 000 000 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. Detailed examination of the bond, ISIN CND1000003H0, reveals its issuance by the China Development Bank, a prominent state-owned financial institution and the world's largest development bank primarily focused on financing significant infrastructure and industrial projects within China and increasingly participating in international development initiatives such as the Belt and Road, this particular Chinese Yuan (CNY) denominated instrument having been issued in China with a total issuance size of CNY 30,000,000,000 and a minimum purchase size of CNY 100, characterized by a 0% interest rate and an annual payment frequency, which matured on May 29, 2017, and has since been fully repaid, affirming its successful redemption at its original market price of 100%. |
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