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ItalianoBond China Development Bank 4.9% ( CND100007N16 ) in CNY
| Issuer | China Development Bank | ||||||||
| Market price | 100.00 % ⇌ | ||||||||
| Country |  China
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| ISIN code |
 CND100007N16 ( in CNY )
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| Interest rate | 4.9% per year ( payment 1 time a year) | ||||||||
| Maturity | 12/06/2024 - 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. An analysis of the CND100007N16 bond, issued by the China Development Bank, reveals a recently matured and reimbursed fixed-income instrument. This obligation, denominated in Chinese Yuan (CNY), bore an annual interest rate of 4.9%. The China Development Bank, the issuer, stands as one of China's three policy banks, operating under the direct purview of the State Council, playing a pivotal role in funding significant national infrastructure projects, industrial development, and key strategic initiatives, thereby underscoring its systemic importance within the Chinese financial landscape and its state-backed nature. Originating from China, the bond had a substantial total issuance size of 30,000,000,000 CNY, with a minimum purchase size set at 100 CNY. As of its maturity date on June 12, 2024, the bond was valued at 100% of its par, indicating a full principal reimbursement to investors upon its expiration. The consistent annual payment frequency ensured regular returns throughout its lifecycle, culminating in its successful full repayment. |
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