Bond China Development Bank 0% ( CND1000027W8 ) in CNY
| Issuer | China Development Bank | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | China
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| ISIN code |
CND1000027W8 ( in CNY )
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| Interest rate | 0% | ||||||
| Maturity | 26/01/2017 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||
| Total amount | 40 000 000 000 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 financial instrument, identified by ISIN CND1000027W8, was a bond issued by the China Development Bank, a prominent policy bank in the People's Republic of China established to finance national infrastructure and strategic industries. This specific bond, denominated in Chinese Yuan (CNY), had an initial total issue size of CNY 40,000,000,000, with a minimum purchase size set at CNY 100. Notably, it was structured as a zero-coupon bond, bearing a 0% interest rate, meaning investors' returns were realized through the bond's discount purchase price and its redemption at par. Issued in China, the bond reached its maturity on January 26, 2017, and has since been fully redeemed at its 100% par value, completing its lifecycle as a settled debt obligation. |
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