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ItalianoBond China Development Bank 4.69% ( CND100006YP2 ) in CNY
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 CND100006YP2 ( in CNY )
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| Interest rate | 4.69% per year ( payment 1 time a year) | ||||||||
| Maturity | 02/09/2020 - Bond has expired | ||||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||||
| Total amount | 24 000 000 000 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. An informative review of the CND100006YP2 bond indicates that this CNY-denominated debt instrument, issued by the China Development Bank, a prominent state-owned policy bank integral to China's economic development and infrastructure funding, successfully matured and was fully redeemed on September 2, 2020, as evidenced by its historical market price of 100% at maturity, having been issued from China at a 4.69% interest rate with an annual payment frequency, forming part of a significant issuance totaling CNY 24,000,000,000, with a minimum purchase size of 100 units, thereby confirming the timely fulfillment of its obligations by this key Chinese financial institution. |
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