Bond China Development Bank 1.11% ( CND1000342C3 ) in CNY
| Issuer | China Development Bank | ||||||
| Market price | 100.00 % ⇌ | ||||||
| Country | China
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| ISIN code |
CND1000342C3 ( in CNY )
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| Interest rate | 1.11% per year ( payment 1 time a year) | ||||||
| Maturity | 17/04/2021 - Bond has expired | ||||||
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Prospectus brochure in PDF format |
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| Minimal amount | 100 CNY | ||||||
| Total amount | 67 930 000 000 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 in-depth analysis of the CND1000342C3 bond, issued by the China Development Bank, provides a clear illustration of a successfully concluded debt instrument. The China Development Bank, a prominent policy bank operating under the direct purview of the State Council of China, plays a pivotal role in national economic development by financing critical infrastructure, industrial projects, and social programs; its bond issuances are integral to funding these strategic initiatives and often serve as key benchmarks in the Chinese debt market due to its state-backed nature. This particular bond, identified by its ISIN CND1000342C3, was denominated in Chinese Yuan (CNY) and originated from China, featuring an annual interest rate of 1.11% and representing a significant capital raising effort with a total issue size of 67,930,000,000 CNY. The minimum investment threshold for this security was set at 100 CNY. With a defined maturity date of April 17, 2021, and annual interest payments, the bond has since reached its full term, successfully maturing and subsequently being redeemed at 100% of its principal value, thereby confirming the issuer's fulfillment of its financial obligations to investors. |
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