Bond China Development Bank 0% ( CND1000027W8 ) in CNY

Issuer China Development Bank
Market price 100.00 %  ⇌ 
Country  China
ISIN code  CND1000027W8 ( in CNY )
Interest rate 0%
Maturity 26/01/2017 - Bond has expired



Prospectus brochure in PDF format

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.
DateClean price
07/08/2024100.00%
03/09/2023100.00%