Bond China Development Bank 1.11% ( CND1000342C3 ) in CNY

Issuer China Development Bank
Market price 100.00 %  ⇌ 
Country  China
ISIN code  CND1000342C3 ( in CNY )
Interest rate 1.11% per year ( payment 1 time a year)
Maturity 17/04/2021 - Bond has expired



Prospectus brochure in PDF format

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.
DateClean price
07/08/2024100.00%
02/04/2022100.00%