Bond Interamerican Development Bank 6% ( XS1103713654 ) in INR
| Issuer | Interamerican Development Bank | ||
| Market price | 100 % ⇌ | ||
| Country | United States
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| ISIN code |
XS1103713654 ( in INR )
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| Interest rate | 6% per year ( payment 1 time a year) | ||
| Maturity | 05/09/2017 - Bond has expired | ||
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| Minimal amount | 50 000 INR | ||
| Total amount | 8 500 000 000 INR | ||
| Detailed description |
The Inter-American Development Bank (IDB) is a regional development bank that provides loans, grants, and technical assistance to its borrowing member countries in Latin America and the Caribbean to promote economic development and social progress. A bond issued by the Inter-American Development Bank (IDB) under ISIN XS1103713654, originating from the United States, has fully matured and been redeemed. This specific debt instrument, denominated in Indian Rupees (INR), carried an annual interest rate of 6% and was part of a total issuance size of 8,500,000,000 INR, with a minimum purchase size of 50,000 INR. The Inter-American Development Bank (IDB), the issuer, is a leading source of long-term financing for economic, social, and institutional development in Latin America and the Caribbean, supporting projects and programs that aim to reduce poverty, promote sustainable growth, and enhance regional integration. This particular bond, which had a market price of 100% at the time of its maturity or last reporting, reached its maturity date on September 5, 2017, confirming its complete and final redemption. |
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