Bond Islamic Bank of Development 1.81% ( MYBYI1400010 ) in USD

Issuer	Islamic Bank of Development
Market price	100 % ⇌
Country	Saudi Arabia
ISIN code	MYBYI1400010 ( in USD )
Interest rate	1.81% per year ( payment 2 times a year)
Maturity	06/03/2019 - Bond has expired
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Minimal amount	1 000 000 USD
Total amount	1 500 000 000 USD
Detailed description	The Islamic Development Bank (IsDB) is a multilateral development finance institution that provides financial and technical assistance to its member countries to promote economic development and social progress in accordance with Islamic principles. The fixed-income instrument identified by ISIN MYBYI1400010, issued by the Islamic Development Bank (IDB)?a multilateral development financial institution headquartered in Saudi Arabia, primarily focused on fostering socio-economic development in its member countries and Muslim communities globally through Sharia-compliant financing?successfully matured on March 6, 2019, and has since been fully repaid at its 100% par value, having been a USD-denominated offering of $1.5 billion with a minimum purchase size of $1 million, which carried a 1.81% coupon rate distributed semi-annually.