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ItalianoBond China Development Bank 0% ( CND1000069T6 ) in CNY
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 CND1000069T6 ( in CNY )
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| Interest rate | 0% | ||||||||
| Maturity | 01/02/2020 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 9 000 000 000 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. A detailed review of a specific debt instrument confirms the successful maturity and full repayment of the bond identified by ISIN CND1000069T6, issued by the China Development Bank. As one of China's three policy banks, the China Development Bank is a state-owned financial institution of paramount importance, primarily responsible for raising funds for large infrastructure projects, supporting key national industries, and facilitating the country's economic and social development, including its Belt and Road Initiative. This particular obligation, denominated in Chinese Yuan (CNY), represented a significant issuance originating from China with a total value of 9,000,000,000 CNY. The bond was characterized by a stated interest rate of 0% and was accessible to investors with a minimum purchase size of 100 CNY. The instrument reached its scheduled maturity on February 1, 2020, at which point it was fully redeemed at par, achieving its 100% market price at the time of repayment, thus concluding its tenure within the financial markets as a fully settled obligation. |
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